Caterpillar (CAT) Stock Higher After Taking Over Dump Truck Manufacturing

NEW YORK (TheStreet) -- Caterpillar shares are up by 1.90% to $76.75 in mid-morning trading on Tuesday, after the construction and mining equipment maker announced that it would be manufacturing its own dump trucks, ending its outsourcing deal with Navistar International .The two companies began producing and collaborating on the design and build of the vehicles in 2011, launching three different models during their four year partnership."We appreciate the collaboration we have had with Navis...