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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 ]
Caterpillar Inc. recorded record-breaking sales and revenues in 2023, ... Texas-based Caterpillar hit $67.1 billion in 2023, a record for the company and 13% increase over 2022. Fourth-quarter ...
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.
2011 – Change of ownership from Caterpillar Inc. as a result of a management led buyout. 2013 – Carter Machinery became the exclusive Blue Bird Bus dealer in the state of Virginia. 2013 – Carter Machinery acquired the expanded Cat Mining equipment distribution and support business for our territories from Caterpillar Global Mining LLC.
The Texas-based company, which employs roughly 12,000 in the Peoria area, forecast roughly flat sales for the year. Why Caterpillar is warning its heavy machinery sales may drop Skip to main content
Cat's total debt-to-equity ratio stands high at 258%. It needs to continuously boost margins and ensure cash flow is strong enough to cover interest and debt-related payments as they come due.
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