Caterpillar, Inc.
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About
Caterpillar Inc. is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. The company produces heavy equipment including excavators, wheel loaders, bulldozers, dump trucks, motor graders, and mining equipment sold through independent dealers globally. Caterpillar also manufactures engines for industrial, marine, petroleum, power generation, and other applications. The company provides parts, maintenance, and technology services through its dealer network. Founded in 1925 and headquartered in Irving, Texas (moved from Peoria, Illinois), Caterpillar operates globally with manufacturing facilities and dealer networks spanning every continent. The company benefits from industry-leading market positions, extensive dealer network providing parts and service, financial services capabilities, and brand recognition symbolized by its distinctive yellow equipment. Caterpillar experiences cyclicality tied to construction, mining, and energy industries. The company generates significant aftermarket revenues from parts and services. Caterpillar continues to invest in technology including automation, electrification, connectivity, and data analytics to enhance equipment productivity and efficiency for customers.