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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. Caterpillar is one of the 30 companies whose stock is tracked in the Dow Jones Industrial Average.
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 ]
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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.
The sale closed on March 28, 2005, with Progress Rail becoming a separate private company. [6] On May 17, 2006, Caterpillar Inc. announced it would purchase Progress Rail from One Equity Partners for $1 billion in cash, stock and debt. [7] The acquisition by Caterpillar was announced as part of its long-term strategy, Vision 2020.
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The Euclid Company of Ohio made specifically-designed off-road heavy haulers, compared with other companies that modified on-road trucks for off-road earth-hauling.. The Euclid Crane and Hoist Co., formed in 1909 and owned by George A. Armington and his five sons, had become a large, respected and profitable operation by the early 1920s.
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