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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 ]
Engineers at Caterpillar's Mining & Construction Equipment Division in Decatur, Illinois, created a new design for the 797 using computer-aided design technology. This was the first time CAD tools had been used extensively to design a Caterpillar truck. [4]
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.
A revolution in mining is currently under way. Caterpillar is leading the field in automated mining equipment, which is driving down costs, boosting output and improving safety. The last year has ...
Not a lot went right for Caterpillar in the third quarter. Revenue was down 18.4% to $13.4 billion as demand for mining equipment around the world slumped and net income dropped 44.3% to $946 ...
Caterpillar will release its quarterly report on Monday, and investors have grown increasingly nervous about whether the heavy-equipment manufacturer will be able to recover from its share-price ...
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