Holt thought of wrapping the planks around the wheels. Two Holt 45 gasoline crawler tractors teamed up to pull a long wagon train in the Mojave Desert during construction of the Los Angeles Aqueduct in 1909.Īnother solution considered was to lay a temporary plank road ahead of the steam tractor, but this was time-consuming, expensive, and interfered with earthmoving. 2.7 Financial products and brand licensing.1.2 Initial establishment in Peoria (1910) and headquarters move to Deerfield (2017), then to Irving, Texas (2022).Caterpillar machinery and other company-branded products are recognizable by their trademark 'Caterpillar Yellow' livery and the 'CAT' logo. Additionally, the company licenses the Cat phone brand of toughened mobile phones and rugged smartphones since 2012. The company also licenses and markets a line of clothing and workwear boots under its Cat / Caterpillar name. Its headquarters are located in Irving, Texas it announced in January 2017 that over the course of that year, it would relocate its headquarters from Peoria, Illinois, to Deerfield, Illinois, scrapping plans from 2015 of building an $800 million new headquarters complex in downtown Peoria. In 1986, the company reorganized itself as a Delaware corporation under the current name, Caterpillar Inc. Best Tractor Company, creating a new entity, California-based Caterpillar Tractor Company. traces its origins to the 1925 merger of the Holt Manufacturing Company and the C. Caterpillar stock is a component of the Dow Jones Industrial Average.

In 2018, Caterpillar was ranked number 65 on the Fortune 500 list and number 238 on the Global Fortune 500 list. It is the world's largest construction-equipment manufacturer.

(stock symbol CAT) is an American Fortune 100 corporation that designs, develops, engineers, manufactures, markets, and sells machinery, engines, financial products, and insurance to customers via a worldwide dealer network.

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