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By 1916, about one thousand of Holt's Caterpillar tractors were used by the British in World War I. Holt vice president Murray M. Baker said that these tractors weighed about 18,000 pounds (8,200 kg) and had 120 horsepower (89 kW). [13] By the end of the war, 10,000 Holt vehicles had been used in the Allied war effort. [14]
Caterpillar stock is a component of the Dow Jones Industrial Average. [11] Caterpillar Inc. traces its origins to the 1925 merger of the Holt Manufacturing Company and the C. L. Best Tractor Company, creating a new entity, California-based Caterpillar Tractor Company. [12]
The tractor is stacked high with supplies, and a number of uniformed soldiers are walking alongside. A Holt 60-horsepower, four-cylinder valve-in-head gasoline Caterpillar (s/n 524) in 1912. The tractor was restored in the late 1960s and is the oldest surviving East Peoria-built tractor known to exist. [42]
This prototype tractor, built by Benjamin Holt, was the first The earliest predecessor of today's Caterpillar tractors rumbled across the fields of Roberts Island near Stockton, Calif., on Nov. 24 ...
The name Caterpillar came from a soldier during the tests on the Hornsby crawler, "trials began at Aldershot in July 1907. The soldiers immediately christened the 70bhp No.2 machine the 'caterpillar'." [25] Holt adopted that name for his "crawler" tractors. Holt began moving from steam to gasoline-powered designs, and in 1908 brought out the 40 ...
After the war, LeTourneau returned to Stockton and discovered the Superior Garage business had failed. In order to repay his portion of the debts, he took a job repairing a Holt crawler tractor, and was then employed by the tractor owner to level 40 acres [160,000 m 2] using the tractor and a towed scraper. [5] [independent source needed]
It later returned to the factory for a caterpillar track fitting. The first commercially successful light-weight petrol-powered general purpose tractor was built by Dan Albone, a British inventor in 1901. [20] [21] He filed for a patent on 15 February 1902 for his tractor design and then formed Ivel Agricultural Motors Limited.
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