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Caterpillar Inc.

For other uses, see Caterpillar (disambiguation).

Caterpillar Inc.
CAT, Inc.
Company typePublic
Industry
Predecessor
FoundedApril 15, 1925 (1925-04-15) in Wisconsin, U.S.
FounderC.L. Best, Benjamin Holt[1]
HeadquartersIrving, Texas, U.S.[2]
Area served
Worldwide
Key people
Jim Umpleby
(chairman & CEO)
Products
Products List
Services
Services List
Revenue Increase US$67.06 billion (2023)
Increase US$12.97 billion (2023)
Increase US$10.34 billion (2023)
Total assetsIncrease US$87.48 billion (2023)
Total equityIncrease US$19.50 billion (2023)
Number of employees
113,200 (2023)
Subsidiaries
Subsidiary List
Websitecaterpillar.com
Footnotes / references
[3][4][5]

Caterpillar Inc., also known simply 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] Caterpillar stock is a component of the Dow Jones Industrial Average.[11]

Caterpillar Inc. traces its origins to the 1925 merger of the Holt Manufacturing Company and the C. L. Best Tractor Company, creating a new entity, California-based Caterpillar Tractor Company.[12] In 1986, the company reorganized itself as a Delaware corporation under the current name, Caterpillar Inc. It announced in January 2017 that over the course of that year, it would relocate its headquarters from Peoria, Illinois, to Deerfield, Illinois, scrapping plans from 2015 of building an $800 million new headquarters complex in downtown Peoria.[13][14] Its headquarters are located in Irving, Texas, since 2022.[15][16]

The company also licenses and markets a line of clothing and workwear boots under its Cat / Caterpillar name.[17][18] Additionally, the company licenses the Cat phone brand of toughened mobile phones and rugged smartphones since 2012.[19] Caterpillar machinery and other company-branded products are recognizable by their trademark "Caterpillar Yellow" livery and the "CAT" logo.[20]

  1. ^ Copeland, Mike (October 27, 2022). "Holt Cat shows off Waco operations". Waco Tribune-Herald. Retrieved February 10, 2023. William K. Holt founded the company in 1933. He was the son of Benjamin Holt, "who in 1904 developed the first successful track-type tractor which he named the 'Caterpillar,'" according to the company website. Holt Manufacturing Co. merged with a competitor in 1925 to form what is now Caterpillar Inc., the global manufacturer of construction and mining equipment that reported $51 billion in sales and revenue last year.
  2. ^ "Caterpillar United States". Caterpillar. July 23, 2010. Retrieved 2022-02-23.
  3. ^ a b "Caterpillar – About Cat". cat.com. Caterpillar Inc. 2010. Archived from the original on March 11, 2010. Retrieved 2010-03-11. We deliver products, services and technologies in three principal lines of business: Machinery, Engines and Financial Products.
  4. ^ Haddock, Keith; Orlemann, Eric (November 11, 2001). Paul Johnson (ed.). Classic Caterpillar Crawlers. St. Paul, Minnesota, United States: MBI Publishing Company. pp. 37–38. ISBN 978-0-7603-0917-9. Retrieved November 6, 2010.
  5. ^ "Caterpillar Inc. 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 16, 2024. pp. 8, 56, 58.
  6. ^ "About Caterpillar". Caterpillar. August 15, 2023. Retrieved August 15, 2023.
  7. ^ "2009 Form 10-K". United States Securities and Exchange Commission. February 19, 2010. Archived from the original on November 8, 2011. Retrieved 2010-03-23. As of December 31, 2009, we employed 93,813 persons of whom 50,562 were located outside the United States.
  8. ^ Yang, Jia Lynn (May 4, 2009). "Fortune 500 2009: Top 100 American Companies – Caterpillar – CAT". FORTUNE on CNNMoney.com. Cable News Network, Inc. Archived from the original on March 9, 2010. Retrieved 2010-03-11. Rank: 44
  9. ^ "Caterpillar, a $51 billion construction equipment company, is relocating to North Texas". WFAA. June 14, 2022. Retrieved February 10, 2023. Caterpillar ranked 73rd on the Fortune 500 for 2022.
  10. ^ "Global 500: Caterpillar. Rank #265". Fortune. Retrieved February 10, 2023.
  11. ^ "Dow Jones Averages – Dow Jones Industrial Average – Components". djaverages.com. Dow Jones & Company. 2010. Archived from the original on January 22, 2013. Retrieved March 11, 2010. Ticker CAT – Company Name Caterpillar Incorporated
  12. ^ "Caterpillar Tractor Co. List of Deals". Lehman Brothers Collection. President and Fellows of Harvard College. 2010. Archived from the original on June 29, 2010. Retrieved 2010-11-06. In 1925 Holt and C.W. Best's company merged to form the Caterpillar Tractor Company.
  13. ^ Buedel, Matt (January 31, 2017). "Caterpillar moving headquarters, CEO from Peoria to Chicago". Peoria Journal Star.
  14. ^ Yerak, Becky (January 31, 2017). "Caterpillar will move headquarters to Chicago area, citing transportation access". The Chicago Tribune. Retrieved July 17, 2017.
  15. ^ Deaux, Joe (June 14, 2022). "Caterpillar Leaves Illinois After Decades to Relocate to Texas". Bloomberg News.
  16. ^ Bandell, Brian (October 20, 2022). "Crime rates spark relocations". American City Business Journals.
  17. ^ "Contact Us | CAT Footwear".
  18. ^ "Building the Brand One Step at a Time | Cat | Caterpillar". www.cat.com. Archived from the original on October 9, 2020. Retrieved October 7, 2020.
  19. ^ "About US". Cat phones United Kingdom. Archived from the original on September 23, 2021. Retrieved September 23, 2021.
  20. ^ "Caterpillar – Legal Notices". cat.com. Caterpillar Inc. 2010. Archived from the original on August 1, 2010. Retrieved March 11, 2010. "Caterpillar Yellow,"...trade dress...are trademarks of Caterpillar...

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