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Mining equipment is Caterpillar's most profitable productcategory and those fat margins were one of the reasons thecompany made mining equipment a focus of its M&A activity inrecent years, buying Bucyrus, a U.S. maker of giant excavatorsand shovels, for $7.6 billion in 2010, and ERA Mining, a Chinesemining equipment company, for $654 million in 2012. |
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2019-05-26 19:41:48 |
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