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The Holt Caterpillar Co. factory in East Peoria, Illinois, in 1910. Tractors were assembled in place before assembly lines were introduced. Holt bought the plant from the bankrupt Colean Manufacturing Co. in 1910. [29] A postcard showing the Caterpillar Tractor Co. plant in Peoria, period 1930–1945. On February 2, 1910, [27] Holt opened up a ...
Baker, who later became the first executive vice president of what became Caterpillar Tractor Company, [9] wrote to Holt headquarters in Stockton and described the plant of the bankrupt Colean Manufacturing Co. of East Peoria, Illinois. Pliny inspected the Colean factory in late June 1909 and learned they had spent at least $450,000 on the ...
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]
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 ...
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The competition for track-type farm equipment increased in 1925 when the Holt Manufacturing Co. and the C. L. Best Co. of San Leandro, California, merged to form the Caterpillar Tractor Co. When wheat dropped to 25 cents a bushel in 1931, farmers could not afford new farm implements and the new Avery Power Machinery company could not pay its debts.
In 1917, he was involved in building a seven-mile stretch of Illinois Route 116 in East Peoria. [2] [9] During World War II, he advocated for a new bridge over the Illinois River between Peoria and East Peoria. [2] Baker worked at Caterpillar until 1927. [2]