Tom Pellette – President, Energy & Transportation Oil usage is here to stay “there is a lot of, you can go out on YouTube and see a lot of pundits talk about the end of the internal combustion engine or … Continued
D. James Umpleby – Caterpillar, Inc. Construction in China was a highlight “A number of our markets remain challenged, but there were improvements in a few of our key markets this quarter. Construction in China and gas compression in North … Continued
D. James Umpleby – CEO In sum ”….generally weak economic conditions and commodity price volatility have made the last few years challenging and have significantly impacted the industries we serve…Quarterly sales and revenues were up for the first time since 2015… … Continued
Douglas R. Oberhelman – Chairman & Chief Executive Officer Chinese government policy centers around shift from investment economy to consumer economy “First of all, around China, I was over there about three weeks ago, as I usually do in March, … Continued
Mike DeWalt –VP Finance Services China change is logical “From an economic standpoint, I think it’s our view what’s happening there is logical. They can’t drive an economy that big that fast on just fixed asset investment. I mean, the … Continued