Caterpillar doubles order backlog to $78B as data center power demand surges

The heavy machinery maker is ramping production of engines and turbines to meet surging demand from hyperscalers building out data center capacity, driving a near-doubling of its order backlog year-over-year.

First covered Nov 3, 2026 · 8:42 AM PT · 1 article · no longer in the live window

Coverage

7d Utility Dive Caterpillar expands production of engines and turbines to meet data center demand — The heavy machinery and power equipment maker saw its order backlog reach $78 billion during the third quarter, almost double what it was a year ago.

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Appeared in: 2026-11-04 (#15)

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