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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]
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.
In the mid-1920s, Holt encountered financial trouble. Best's financial backers approached Holt executives to discuss a merger. On April 15, 1925, C. L. Best Tractor Company and Holt Manufacturing Company merged to form Caterpillar Tractor Company (later Caterpillar Inc.). [2] Best remained chairman of the board of Caterpillar until his death in ...
On December 5, 1920, 71-year-old Benjamin Holt died after a month-long illness. Five years later, the Holt Caterpillar Company merged with its strongest competitor, the C. L. Best company, to form what is now Caterpillar Inc., the 133rd largest company in the world as of 2008.
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The Holt tractors were a range of continuous track haulers built by the Holt Manufacturing Company of Stockton, California which were named after company founder Benjamin Holt. Between 1908 and 1913, twenty-seven of the first 100 Holt caterpillar track-type tractors were used on the Los Angeles Aqueduct project, which provided a good proving ...
Caterpillar (NYS: CAT) doesn't really need an introduction. The manufacturing behemoth's bumper fourth-quarter numbers yet again proved how strong it is. But no company is perfect, and only a ...
Bucyrus-Erie was an American surface and underground mining equipment company. It was founded as Bucyrus Foundry and Manufacturing Company in Bucyrus, Ohio, in 1880. Bucyrus moved its headquarters to South Milwaukee, Wisconsin, in 1893. In 1927, Bucyrus merged with the Erie Steam Shovel Company to form Bucyrus-Erie.