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Asian markets and European markets have also seen a slowdown in their economy, and therefore slow down in construction products. Emerging markets such as Latin America, Russia and the Middle East have kept this industry alive, keeping export amount high from some of the biggest U.S. construction equipment companies in the industry. Caterpillar exported more than 12 billion dollars worth of machinery in 2007. Caterpillar has also seen a 13% increase in revenue from its construction equipment division alone. Its big competitor, Komatsu Ltd. has also seen a significant increase in revenue (21%) from its construction equipment division...
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