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Higbee's was a department store founded in 1860 in Cleveland, Ohio. [1] In 1987, Higbee's was sold to the joint partnership of Dillard's department stores and Youngstown-based developer, Edward J. DeBartolo. [2]
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 ]
The Halle Brothers Co. (1891–1982) was considered the leading department store company in Cleveland, Ohio.Founded on 7 February 1891, by brothers Samuel Horatio Halle and Salmon Portland Chase Halle, the very first store was located at 221 Superior Avenue near the city's Public Square where the brothers had bought out a hat and furrier shop owned by T.S. Paddock.
Carter Machinery, founded in Virginia in 1927, is a producer of lubricants for engines and other mechanical purposes. By the 1980s, it also became the largest dealer in Caterpillar equipment in the United States, [1] and it was acquired by Caterpillar, Inc. in 1988.
The Scott Fetzer Company was founded in Cleveland, Ohio by George H. Scott and Carl S. Fetzer. It began in a small machine shop as the George H. Scott Machine Co. in 1914 at 118 Noble Ct. It incorporated as the Scott & Fetzer Machine Co. on November 30, 1917, and moved to a bigger facility near Edgewater at Franklin
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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.
They significantly expanded the site in 2014. The region was historically a major production center for heavy machinery with John Deere, Caterpillar Inc., Massey Ferguson, and Cockshutt Plow Company having factories there. These largely moved away or changed their focus leaving Tigercat as the primary employer in the industry.
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