About Caterpillar

Caterpillar Inc., founded in 1925 through the merger of Holt Manufacturing Company and C.L. Best Tractor Company, is a global leader in manufacturing heavy construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. The company’s origins trace back to the early 1900s when Benjamin Holt innovated by replacing wheels with continuous tracks on tractors, earning the nickname “Caterpillar” due to the machine’s crawling movement, a name trademarked in 1910. The company officially adopted the name Caterpillar Inc. in 1986. Throughout its history, Caterpillar has played a crucial role in major infrastructure projects such as the Golden Gate Bridge, Grand Coulee Dam, and Mississippi levees during the 1930s. During World War II, the company significantly contributed to the Allied war effort by producing over 50,000 track-type military tractors and diesel engines used in tanks like the Sherman M4. After the war, Caterpillar expanded globally, supplying equipment for reconstruction and development worldwide. Today, Caterpillar remains headquartered in Peoria, Illinois, and continues to dominate the heavy machinery industry. Its product range includes tractors, loaders, excavators, graders, and scrapers used in agriculture, construction, mining, logging, and industrial warehousing. The company also manufactures engines for trucks, locomotives, and power generation systems. More than half of its sales come from international markets. In 2024, Caterpillar reported sales and revenues of $64.8 billion, maintaining its position as the world’s leading manufacturer of construction and mining equipment and off-highway diesel engines. Its brand, often abbreviated as CAT, is synonymous with reliability and innovation in heavy machinery globally[1][2][3][7][9].

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