Caterpillar sales surpass $20B as data center generators take off

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  "company": {
    "name": "Caterpillar",
    "domain": "caterpillar.com"
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  "data": {
    "url": "https://www.constructiondive.com/news/caterpillar-sales-surpass-20b-growing-data-center-demand-q2-2026/827417/",
    "title": "Caterpillar sales surpass $20B as data center generators take off",
    "author": "Nathan Owens",
    "excerpt": "The industrial equipment maker saw stronger-than-expected North American construction sales and continued momentum for AI-related infrastructure. First published on The record quarter comes amid growing concern about the longevity of data center buildouts driven by artificial intelligence demand. Chip stocks sold off sharply last week, underscoring investor anxiety around AI spending and whether returns can justify the lofty share prices. During Caterpillar’s earnings call Tuesday , CEO and Chairman Joseph Creed addressed AI demand concerns, saying there are constant customer discussions, but “no one is slowing down at the moment.” Power generation retail sales grew 72% over last year during the quarter, according to Caterpillar’s earnings presentation . This was due to “very strong demand for large gen[erator] sets and turbines used in data center applications,” Creed said. Power and energy customers are placing orders with Caterpillar through 2030, with about 59% of the company’s $72 billion order backlog expected to be delivered over the next 12 months, Creed said. In addition to hyperscalers, customers in the oil and gas, mining and marine segments are also making large engine and turbine purchases. To meet growing demand, Creed said Caterpillar is resuming production of its 10-megawatt medium-speed gas reciprocating engine platform. The company stopped manufacturing the...",
    "summary": "Caterpillar's resource industries segment, which includes mining and rail equipment, reported sales of $4.6 billion, a 20% increase year-over-year.",
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    "image_url": "https://imgproxy.divecdn.com/gh7IKK5qx7fK9Hxz1raM0H1zr1mtvSEYsPJd_2mrnT4/g:ce/rs:fit:770:435/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy04NDQ4MTE3OC5qcGc=.webp",
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    "published_at": "2026-08-10T13:56:00Z",
    "article_sentence": "Caterpillar’s resource industries segment, comprising mining and rail equipment, saw sales reach $4.6 billion, up 20% over last year.",
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