11/30/2009

Many companies continue to invest in technology and research that will fuel growth when the economic downturn ends. Caterpillar, for example, has developed a tractor with an electric drive that it says will save its customers money. The company trimmed research and development spending by 13% during the past nine months. However, as a percentage of revenue, the company's R&D spending actually rose to 4.4% from 3.2%.

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