Caterpillar Inc is an American Fortune 100 corporation and the world's largest construction-equipment manufacturer.
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40 Facts About Caterpillar Inc
2.
In 2018, Caterpillar Inc was ranked number 65 on the Fortune 500 list and number 238 on the Global Fortune 500 list.
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3.
Caterpillar Inc stock is a component of the Dow Jones Industrial Average.
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4.
Caterpillar Inc replaced the wheels on a 40 horsepower Holt steamer, No 77, with a set of wooden tracks bolted to chains.
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5.
Caterpillar Inc's situation worsened when artillery tractors were returned from Europe, depressing prices for new equipment and Holt's unsold inventory of military tractors.
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6.
Caterpillar Inc struggled with the transition from wartime boom to peacetime bust.
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7.
Caterpillar Inc ranked 44th among United States corporations in the value of wartime military production contracts.
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9.
Caterpillar Inc built its first Russian facility in the town of Tosno, located near St Petersburg, Russia.
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10.
Caterpillar Inc has been manufacturing machines, engines, and generator sets in India, as well.
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11.
Caterpillar Inc has three facilities in India, which are in Tamil Nadu and Maharastra (Aurangabad).
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12.
Caterpillar Inc has a list of some 400 products for purchase through its dealer network.
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13.
Caterpillar Inc machinery is used in the construction, road-building, mining, forestry, energy, transportation, and material-handling industries.
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14.
Caterpillar Inc began selling a line of on-road trucks in 2011, the Cat CT660, a Class 8 vocational truck.
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15.
Portion of Caterpillar Inc's business is in the manufacturing of diesel and natural gas engines and gas turbines which, in addition to their use in the company's own vehicles, are used as the prime movers in locomotives, semi trucks, marine vessels, and ships, as well as providing the power source for peak-load power plants and emergency generators.
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16.
Caterpillar Inc decreased emissions and noise the next year in the 3126B version of the engine, and improved emissions further in 2002 with the 3126E which had an improved high-pressure oil pump and improved electronics.
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17.
In 2003 Caterpillar started selling a new version of this engine called the C-7 to meet increased United States emission standards that came into effect in 2004; it had the same overall design as the 3126 version, but with improved fuel injectors and electronics which included its new Advanced Combustion Emissions Reduction Technology system.
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18.
In 2007, as ultra-low-sulfur diesel became required in North America, Caterpillar Inc updated the C7 to use common rail fuel injectors and improved ACERT electronics.
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19.
In 1998 Caterpillar Inc purchased Perkins Engines of Peterborough, England, a maker of small diesel and gasoline engines.
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20.
In June 2008, Caterpillar announced it would be exiting the on-highway diesel engine market in the United States before updated 2010 U S Environmental Protection Agency emission standards took effect, as costly changes to the engines, which only constituted a small percentage of Caterpillar's total engine sales, would be likely.
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21.
In October 2010, Caterpillar Inc announced it would buy German engine-manufacturer MWM GmbH from 3i for $810 million.
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22.
The poor network security of the Caterpillar Inc engines put the United States' submarine force at risk for cyberattack.
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23.
In particular, the IDF Caterpillar D9 was involved in an incident in 2003, in which the American activist Rachel Corrie was killed by a bulldozer.
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24.
In 2014 Presbyterian Church sold its shares in Caterpillar Inc citing the use of Caterpillar Inc bulldozers involved in demolition and surveillance activities in the West Bank.
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25.
Caterpillar Inc introduced the Challenger range of agricultural tractors as the result of several development programs over a long period of time.
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27.
Also in 2002, Caterpillar Inc sold the Challenger tracked tractor business to AGCO and licensed the use of the Challenger and CAT names and livery to them.
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28.
Caterpillar Inc sells the right to manufacture, market, and sell products bearing the Cat trademark to licensees worldwide.
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29.
Caterpillar Inc products are distributed to end-users in nearly 200 countries through Caterpillar Inc's worldwide network of 220 dealers.
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30.
Caterpillar Inc's dealers are independently owned and operated businesses with exclusive geographical territories.
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31.
Caterpillar Inc has a corporate governance structure where the chairman of the board acts as chief executive officer.
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32.
In 2020, it was reported that Caterpillar Inc was planning to cut 700 jobs at its Northern Ireland operations.
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33.
In 1994, Caterpillar Inc offered a contract to the UAW members that would have raised the salary of top workers from $35, 000 to $39, 000 per year.
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34.
Rather than continuing to fight the United Auto Workers, Caterpillar Inc chose to make itself less vulnerable to the traditional bargaining tactics of organized labor.
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35.
Caterpillar Inc opened these new facilities in Clayton and Sanford, North Carolina; Greenville, South Carolina; Corinth, Mississippi; Dyersburg, Tennessee; Griffin and LaGrange, Georgia; Seguin, Texas; and North Little Rock, Arkansas.
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36.
Caterpillar Inc's Cast Metals Organization in Mapleton worked with the American Foundry Society to help produce a rule to reduce hazardous waste in scrap metal that meet strict quality requirements, and allow foundries to continue recycling certain types of scrap and maintain a competitive cost structure.
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37.
In 2005, Caterpillar donated $12 million to The Nature Conservancy in a joint effort to protect and preserve river systems in Brazil, U S A, and China.
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38.
Caterpillar Inc, however, was successful in lobbying for an extension of deadlines they considered too severe.
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39.
Caterpillar Inc has faced criticism for this perceived "bullying", especially in cases where the likelihood of confusion is low.
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40.
In 2014, Caterpillar paid $46M to settle claims that one of its engines caused a fiery explosion on a ship owned by Bender Shipbuilding and Repair Company Inc In 2016 Caterpillar paid $60M to settle claims that its bus engines were prone to breakdowns and fires.
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