Caterpillar expands production of engines and turbines to meet data center demand

Utility Dive · Nathan Owens · 2026-11-03 11:42 UTC

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.

Caterpillar delivered one of its strongest third quarters on record, powered by data center buildouts, as orders across power generation, construction and mining continued to grow, the company said last week.

“Our third quarter results reflect the durability of our end markets, with our highest sales quarter ever, strong order rates and a record backlog,” Caterpillar CEO Joseph Creed said in a Q3 earnings call Thursday morning.

The heavy machinery maker saw its backlog reach $78 billion, nearly double what it was a year ago. Caterpillar has taken steps to expand production of its large reciprocating engines and turbines, while increasing capacity, to meet surging demand for data center customers, Creed said.

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