Caterpillar said today that its exports rose 20% last year.
Caterpillar said it exported more than twelve point six billion dollars of its products from the U.S.
That's up from ten and a half billion dollars from the year in 2006.
In addition to the increase in global demand, Caterpillar credited help from international trade agreements which allow the company to compete "from a U.S. manufacturing base".
Share of CAT stock went up $1.17 in afternoon trading.