Caterpillar Inc. (CAT) engages in the manufacturing and selling of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. The company operates through the broad segments of Construction Industries; Resource Industries; Energy & Transportation; Financial Products; and All Other.
The supply chain hindrances caused by the global pandemic have hampered the optimal productivity of many industrial companies like CAT. Moreover, the four-decade high inflation is expected to keep the companies in this space under pressure.
