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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 ]
CAT D10N at work in Rishon LeZion, Israel. Among modern tractors, the High Drive (elevated sprocket) design was unique to Caterpillar products. The concept originated in 1914 with Caterpillar predecessor C. L. Best Tractor's 30 Humpback; [citation needed] this tractor was discontinued a year later, and the only other tractor to use the concept until the D10's introduction was the Cletrac Model ...
As of 2010, Caterpillar Inc. was the 229nd largest company in the world, In 2011, Caterpillar was the best-performing stock last year among the 30 companies in the Dow Jones industrial average [30] with a market value of US$45.13 billion. Caterpillar is one of the 30 companies whose stock is tracked in the Dow Jones Industrial Average.
Engineers at Caterpillar's Mining & Construction Equipment Division in Decatur, Illinois, created a new design for the 797 using computer-aided design technology. This was the first time CAD tools had been used extensively to design a Caterpillar truck. [4]
The best-known maker of bulldozers is Caterpillar. Komatsu, Liebherr, Case, Hitachi, Volvo, and John Deere are present-day competitors. Although these machines began as modified farm tractors, they became the mainstay for big civil construction projects, and found their way into use by military construction units worldwide
Mitsubishi Logisnext Americas Inc. ("MLA"), headquartered in Houston, Texas is a manufacturer and distributor of material handling equipment and parts under the Mitsubishi Forklift Trucks, Cat Lift Trucks, and Jungheinrich brand names.