Caterpillar Inc.
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Caterpillar Inc. (often shortened to 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. It is the world’s largest construction-equipment manufacturer.[3][4][7] In 2018, Caterpillar was ranked number 65 on the Fortune 500 list[8] and number 238 on the Global Fortune 500 list.[9] Caterpillar stock is a component of the Dow Jones Industrial Average.[10]
Caterpillar Inc. traces its origins to the 1925 merger of the Holt Manufacturing Company and the C. L. Best Tractor Company, creating a new entity, California-based Caterpillar Tractor Company.[11] In 1986, the company reorganized itself as a Delaware corporation under the current name, Caterpillar Inc. Its headquarters are located in Deerfield, Illinois; 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.[12][13]
The company also licenses and markets a line of clothing and workwear boots under its Cat / Caterpillar name.[14][15] Caterpillar machinery is recognizable by its trademark “Caterpillar Yellow” livery and the “CAT” logo.[16]
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