Caterpillar ceo Doug Oberhelman is cautiously optimistic that recovery in the global equipment market will continue throughout 2014. Speaking at Conexpo, Mr Oberhelman said that the company was in the best possible position to make the most of steadily growing demand, with a host of improved machines and technologies on show.
“The North American market is showing the best growth signs in March that we’ve seen for four years,” he said.
“This year the market is stronger, housing is better and we see a very