Caterpillar Takes Engine and Turbine Orders Through 2030
CEO Joe Creed said Caterpillar’s power-and-energy division is taking orders as far out as 2030, with some large reciprocating engine orders extending into 2029. Creed said the AI boom is driving demand.
Caterpillar's power-and-energy division is taking orders for as far out as 2030, CEO Joe Creed says on a call with analysts. The AI boom continues to drive demand for Caterpillar's large reciprocating engines and turbines, with the company now taking some large reciprocating engine orders into 2029…