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Caterpillar's Power Sales Surge Amid Data-Center Boom

12/6/2025

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Summary

Story summary

Caterpillar Inc.'s power-generation sales rose to over 14% of total sales in 2023, up from 8.4%, due to data-center generator demand.
The data-center boom is boosting wages, with average pay rising nearly 32% to $81,800.
Major tech firms are investing in data-center infrastructure, projecting $611 billion in global spending over two years.
Caterpillar is expanding its Indiana factory to meet the demand, with output set to double by 2027.

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Story summary

Caterpillar Inc.'s power-generation sales rose to over 14% of total sales in 2023, up from 8.4%, due to data-center generator demand.
The data-center boom is boosting wages, with average pay rising nearly 32% to $81,800.
Major tech firms are investing in data-center infrastructure, projecting $611 billion in global spending over two years.
Caterpillar is expanding its Indiana factory to meet the demand, with output set to double by 2027.