Brand Overview
Caterpillar (often referred to as CAT) is an American multinational corporation that designs, develops, engineers, manufactures, markets, and sells machinery, engines, financial products, and insurance to customers via a worldwide dealer network. It is the world’s leading manufacturer of construction equipment, mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives.
Headquartered in Deerfield, Illinois (having moved from Peoria, Illinois, in 2017), Caterpillar is a component of the Dow Jones Industrial Average and is ranked among the Fortune 500 companies. Its iconic yellow machinery is recognised globally as a symbol of heavy industry and infrastructure development.
Development History
Established in 1925 through the merger of Holt Manufacturing and C.L. Best. Became a global leader in construction machinery from the 1950s to the 2000s. Still produces construction machinery today.
Main Products
Primarily produces construction machinery, mining equipment, and diesel engines. Products include excavators, bulldozers, loaders, etc.
Technical Features
Caterpillar is known for the reliability of construction machinery and diesel engine technology.
Market Position
In the global construction machinery market, Caterpillar is one of the leading brands.
Brand Status
Currently, Caterpillar continues to produce construction machinery and diesel engines, promoting electrification transformation.