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Backhoe Loader Cat 420E A JCB 3CX backhoe loader A JCB backhoe loader performing work in India. A backhoe loader, also called a loader backhoe, loader excavator, tractor excavator, [1] digger or colloquially shortened to backhoe within the industry, is a heavy equipment vehicle that consists of a tractor-like unit fitted with a loader-style shovel/bucket on the front and a backhoe on the back.
Caterpillar Inc., also known as Cat, is an American construction, mining and other engineering equipment manufacturer. [6] The company is the world's largest manufacturer of construction equipment. [3] [7] [8] In 2018, Caterpillar was ranked number 73 on the Fortune 500 list [9] and number 265 on the Global Fortune 500 list. [10]
The company merged with another Holt business and was renamed HOLT CAT. It continues as the largest Caterpillar dealership in the US, under the ownership and management of Benjamin's great-grandson, Peter Holt (who is better known as the owner of the NBA 's San Antonio Spurs , the five-time world champions).
In 1997 Terex aquired mining business from O&K, including worlds largest hydraulic excavator RH 400, later produced as Cat 6090. [11] In 2010 Terex sold its mining business to Bucyrus. [12] In December 2013, Volvo Construction Equipment (VCE) acquired the Terex line of heavy haul trucks.
In 2014, it was reported that three out of every four pieces of construction equipment sold in India was a JCB, and that its Indian operations accounted for 17.5% of its total revenue. [14] JCB-based memes have also become prevalent in India. [15] JCB began manufacturing 20-30 tonne excavators in Solnechnogorsky District in Russia in 2017. [16]
The company was founded in 1961 by L.C. "Ring" Ringhaver, who gave up shrimp boat building to become a Caterpillar engine dealer in St. Augustine, Florida.The following year, they became a full line dealer and relocated to Jacksonville with the North Florida Caterpillar territory.