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Caterpillar Profit Rises Despite Lower Revenue

Caterpillar Inc. today reported higher fourth-quarter profit as expense controls made up for lower revenue. The Deerfield, Illinois-based maker of earthmoving machines and heavy equipment also warned of “continued global economic uncertainty” in 2020.

Industrial M&A Falls in 2019

Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.

Marubeni Citizen-Cincom Announces Open House for New Tech Center

Marubeni Citizen-Cincom Inc. (MCC) has announced a ribbon cutting and grand opening celebration for its new technical center and showroom at 800 Silver St., Agawam, Mass. Doors will open at 9:00 am on March 9, with a ribbon cutting ceremony at 10:00 am.