4/2/2008

Caterpillar Inc. on Tuesday provided a few more details of its plan to raise prices as much as 5% this year. A company spokeswoman acknowledged that "this price action represents an upward adjustment for Caterpillar machinery and engines," but noted that "some models in certain regions ... may not require an adjustment in price." Caterpillar intends to release pricing details to its dealer network within weeks.

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Reuters

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