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During October 2013, Caterpillar announced that a federal criminal indictment had been secured against Progress Rail Services. [15] In 2017, the company pleaded guilty to the charges, including dumping parts into the ocean. A $5,000,000 fine was paid as well as $20,000,000 in restitution. [16]
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]
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.
For a list of companies based within Dallas city limits, go to List of companies in Dallas. The Dallas/Fort Worth Metroplex is home to over 20 corporate headquarters, making the Dallas/Fort Worth Metroplex one of the largest corporate headquarters concentration in the United States.
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'." [26] Holt adopted that name for his "crawler" tractors. Holt began moving from steam to gasoline-powered designs, and in 1908 brought out the 40 ...
Finning is a Canadian industrial equipment dealer specializing in Caterpillar products. It is responsible for selling, renting and providing parts and service for equipment and engines to customers in industries including mining, construction, petroleum, forestry and a wide range of power systems applications.
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