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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]
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 older son Lance moved to Tampa and founded the Ringhaver Equipment Company, the Caterpillar dealer for Central Florida. On January 1, 2004 Lance announced his retirement, and Ringhaver Equipment Company and Ring Power Corporation merged. [6] [2] As the business grew, product lines expanded and more divisions were added.
Finning was appointed dealer in Northern Ireland and the Republic of Ireland in 2010 and Finning acquired rights to represent Caterpillar in the Canadian province of Saskatchewan in 2015. Today, Finning operates in six countries, with annual revenues of $6.2 billion (2017) and is the largest Caterpillar dealer in the world. [3]
Mitsubishi Caterpillar Forklift America Inc. ("MCFA"), 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.
Caterpillar Inc, whose exposure to China has made it an important measure of the global impact of trade tensions, dropped 4.7% after it reported a fall in quarterly earnings and cooling demand for ...
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