These infrastructure projects augur well for Caterpillar as they will increase the demand for construction equipment and machinery manufactured by the company.
Hitachi ConstructionMachinery jumped 4.1% after the Nikkei business daily reported the company's consolidated operating profit for the fiscal year is expected to be up 40%.
After establishing its expertise as a global provider of logistics services involving vehicle shipments, the company has reached into other industries: steel, machinery, heavy chemicals, energy, construction and consumer goods.