Combustion scientist Herman Snyder, who relocated from Wisconsin, had worked at a Caterpillar subsidiary designing gas turbine engines.
The strip mining machines used in Alberta come from a Caterpillar plant in Decatur, he said.
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"It's like a butterfly going back into the cocoon and becoming a caterpillar again, " he said.
Even during the down- turn the unemployment rate for engineers was only about 3.5% to 4%, according to Nan Macari, a Caterpillar manager.
Combustion scientist Herman Snyder, who relocated from Wisconsin, had worked at a Caterpillar (nyse: CAT - news - people ) subsidiary designing gas turbine engines.
This unusual medicine, consisting of the remains of a caterpillar from which a thin fungus of similar length has sprouted, is said to be a powerful aphrodisiac and antidote to fatigue.
When Chamberlain revealed it upon his arrival in Tampa, it was wispy and unserious, a translucent caterpillar.
Plans are in place to eradicate a toxic caterpillar from west Berkshire following an outbreak last year.
Click on the Market Blaster video below for a look at why Caterpillar still appears to be a cheap stock, plus a rundown of a half-dozen stocks making interesting runs lower or higher around earnings releases.
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Hardiek is striking back with new rubber-belted, 400-plus horsepower tractors, a market that Caterpillar has had largely to itself.
But when it comes to versatility, nothing beats the fried wax worm (a type of caterpillar), which can be used in salty, spicy, and sweet dishes.
She had an odd walk, a sort of caterpillar bend and hump, pause and catch up, as friend and frequent client, the poet Edgar Lee Masters, described it.
In the late 1970s he arrived at a client, Caterpillar, and learned that the information he had once held exclusively and provided by hand--bond prices--was now arriving electronically from a rival and blinking away on a computer screen.
Over in Germany, researchers unveiled a technique that harnesses the power of lightning to break up concrete into usable building materials and scientists at MIT built a tiny, caterpillar-size robot that can transform into almost any shape.
Tuesday's announcement from Caterpillar comes a week after credit rating agency Moody's Investors Service raised outlook for Caterpillar and its financing arm, Caterpillar Financial Services.
Chinese billionaires with A-share companies include Liang Wengen of Sany Heavy Industry, a key rival of Caterpillar in China, and Zhang Jindong, the chairman of Suning Commercial, a self-styled Amazon and Wal-Mart of China.
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Company officials believe that by raising the expectations of Chinese customers, Caterpillar can steer China's equipment industry toward a new business model that favors Caterpillar's service-oriented approach.
And capital goods also experienced a broad declined: Caterpillar fell 1.6%, as Deere lost 0.6%.
Caterpillar, a great heartland property, sells at 15 times forward earnings, comparable with Google.
In November that belief was shattered when Caterpillar did a physical inventory at Siwei that led to a trail of fake documents.
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Before the VEBA, Solomon says, one of the benefits of being a UAW worker in Caterpillar was free retiree health care for life.
The company also has a marketing deal with Caterpillar that will add pop to its sales, says Masroor Siddiqui, an analyst at Goldman Sachs.
This indicates that Caterpillar has a long term view on China.
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Caterpillar announced a huge EPS guidance range for 2013, which signals that it basically has no idea how business is going to be this year.
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Investors in Caterpillar got a nasty surprise last Friday when the company revealed that it had uncovered massive fraud at a Chinese mining equipment firm that it bought last year.
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His economic initiatives seem to be starting to bear fruit: Caterpillar, a heavy-equipment giant, said last month that new business-tax laws have persuaded it to add workers at an Indiana factory where it had previously cut jobs.
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In March, a month after becoming Caterpillar's chief executive, the 60-year-old farm boy from Alton, Missouri, stood up in front of 150 financial analysts at a Las Vegas trade show and promised that profits in 1999 would be off no more than 15%.
There is clearly a demonstrated global market for Boeing airplanes and Caterpillar construction and agricultural machinery, as well as a host of high-tech and fashion-related products now being churned out in factories scattered across the country.
Like other engine manufacturers, Caterpillar must find a way to comply with tougher new diesel emissions regulations.
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