Caterpillar Inc recently announced sales and revenues of $42.588 billion for 2010, an increase of 31 per cent from $32.396 billion in 2009. Profit in 2010 was $2.700 billion, an increase of 202 per cent from the 2009 profit of $895 million. Profit per share of $4.15 was up from $1.43 in 2009. Excluding redundancy costs, profit per share in 2009 was $2.18. Fourth-quarter sales and revenues were $12.807 billion, an increase of 62 per cent compared with $7.898 billion in the fourth quarter of 2009. Fourth-quarter profit of $968 million was 317 per cent higher than the profit of $232 million in the fourth quarter of 2009. Profit per share of $1.47 was up from $0.36 per share in the fourth quarter of 2009. Excluding redundancy costs, profit for the fourth quarter of 2009 was $0.41 per share. ?As the global economy continued to improve, the demand for Caterpillar products increased substantially with fourth-quarter sales and revenues up by 62 per cent. The year 2010 was good, and we accomplished a great deal. We substantially ramped up production, imp-roved factory efficiency, drove Machinery and Engines (M&E) operating cash flow to an all-time record, launched a number of capacity additions and new product programs to prepare us for the future and announced several substantial acquisitions,? said Doug Oberhelman, Chairman and Chief Executive Officer, Caterpillar.