Caterpillar designs and manufactures construction and mining equipment, as well as engines for earth moving and construction equipment. PEORIA Shares of Caterpillar inc. tumbled Friday as the heavy equipment maker posted profit that fell 21 percent, missing Wall Street expectations amid weak North American machinery sales and higher-than-expected operating costs. Caterpillar, one of the world s largest heavy equipment makers, said net earnings fell even though revenue rose 7 percent to...

The units make loaders, mini-excavators, telescopic tool handlers, portable air compressors, generators and light towers, as well as other light construction equipment. The sale, announced yesterday and expected to close in the fourth quarter, sent shares of Ingersoll-Rand surging 7.5 percent. Doosan, the largest maker of construction equipment in South Korea, is part of a conglomerate with $15 billion in sales that makes engines, builds power stations and is involved in the publishing and...

Dean adds that while Turbo Compound technology has been used in some on-highway applications, "We believe this is the first time it's been used in an agricultural tractor and will mean outstanding fuel savings for the customer. For 2008, the Case IH Steiger line introduces five new models including four-wheel drive and Quadtrac configurations with up to 589 peak horsepower and enhanced fuel efficiency. Case IH is a global leader in agricultural equipment, committed to collaborating with...

Instead, he makes bigger, better meat smokers in the shape of tractors out of spare John Deere parts to prepare the most succulent meats. What seems like a child's toy tractor from the front of Kaiser's farm actually transforms into a giant meat smoker, oven and pancake griddle. The John Deere parts, including the wheels, came from his father's machine shop, also on the farm. Keiser's latest tractor-turned-smoker creation contains an 82-gallon water heater, and a wood-fed oven in the...

But, it s up to the trustee to decide what is done with the farm. He veers into a field, and a few moments later, gradually descends from the machine to open the rusted metal gate that leads to his tree farm. I m a firm believer in conservation, and timber to me is a prime example of conservation, he said. Pine trees he and his late wife Joyce planted together in 1952 not long after their marriage help make up the lush woods all around him. After planting a new batch of trees, Riggle marks...

They've gone from selling farm produce on a table to a wagon, to a farm store, and from picking peas by hand to a pea-shelling machine. Stability and predictability are rare commodities in today's industry, wrote James Baarda, in his article, "Major changes in agriculture raise big questions for nation's cooperatives. And, Baarda said, farmers face potentially rapidly changing international and transnational political forces, fluctuating exchange rates and new communications systems and...

Today, the tractors raced by Barga and his sons, who compete in the aptly named modified tractor class, have more in common with aircraft than farming implements. Certainly not the roaring engines powering the OSTPA-dubbed heaviest motorsport on wheels, which range from big-block motors to aircraft turbines. His different choice of pulling class, he said, hinged on his preference for having 10 wheels on the ground rather than two in the dirt and two bucking into the air. There is nothing...

Kelleher, Reuters CHICAGO Caterpillar (CAT), one of the world's largest construction equipment makers, said Friday that quarterly earnings fell more than expected due to lower sales of diesel truck engines, weakness in North American construction markets, and higher production costs. Kelleher, Reuters CHICAGO Caterpillar (CAT), one of the world's largest construction equipment makers, said Friday that quarterly earnings fell more than expected due to lower sales of diesel truck engines,...

California air quality regulators adopted Thursday the nation s toughest emission standards for off-highway diesel vehicles like bulldozers, airport baggage trucks and ski resort snowcats. The rules would be phased in through 2020 for fleets of large vehicles and 2025 for smaller equipment. An estimated 180,000 vehicles would have to be replaced or retrofitted with smog traps, filters or cleaner-burning technology beginning in 2010. The clean-air proposal was sought by health advocates but...