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Japan-Update

Construction machinery makers build profits on demand rally

North America, Southeast Asia contribute; China slowdown threat wanes

Improving demand in North America and Southeast Asia are lifting expectations for construction machinery makers.

TOKYO/LOS ANGELES -- Construction equipment producers look to benefit from a global recovery in demand, as Japan's Hitachi Construction Machinery and U.S.-based Caterpillar upgraded earnings estimates this week while posting strong results.

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