Caterpillar is an American company known for its design for manufacture‚ markets‚ and construction and mining machinery. It is a world leading Fortune 500 corporate known as the ticker symbol‚ CAT‚ on the Wall Street Stock Exchange. Benjamin Holt‚ founder on Holt Manufacturing Company in 1890‚ designed and distribute stream tractors in San Joaquin Valley in Stockton‚ California. In 1907‚ Benjamin Holt decided to change Holt Manufacturing Co. to Caterpillar after a reporter specified that Holt’s
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Caterpillar Case Analysis EXTERNAL ENVIRONMENT ANALYSIS Global . In 1915‚ the British military invented the armor tank and modeled it after Benjamin Holt’s steam tractor‚ Caterpillar. Also during World War I‚ the United States and its allies used Holt’s track-type tractors to haul artillery and supply wagons. Shortly after it formation‚ during World War II‚ Caterpillar served as the primary supplier of bulldozers to the US Army. Although it was a successful company for many years‚ for three consecutive
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History of Caterpillar Inc. The Caterpillar Company was formed in 1925‚ when Holt Manufacturing Company and C.L. Best Tractor Co. merged and formed the Caterpillar Tractor Co. Both of these companies were formed by Benjamin Holt and Daniel Best‚ also known as the founders of Caterpillar. In 1931‚ the first Diesel Sixty Tractor rolled of an assembly line in Illinois‚ thus offering a newer more efficient source of power for the track-type tractors. Later in the 1940s‚ the Caterpillar product line
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Caterpillar Tony Keller MBL 524: Financial Management for Business Leaders Catherine Frost May 29‚ 2013 Caterpillar In the 1890s and early 1900s‚ Benjamin Holt created wooden tracks that were chained together that he fastened to a steam tractor. This created an easier maneuverable tractor across the soft dirt of San Joaquin Valley Delta‚ California therefore causing easier and faster farming as well as construction. His photographer‚ Charles Clements‚ who
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and insurance to customers via a worldwide dealer network. Caterpillar is the world ’s largest manufacturer of construction and mining equipment‚ diesel and natural gas engines and industrial gas turbines. With more thanUS$7 billion in assets‚ traces its origins to the 1925 merger of the Holt Manufacturing Company‚ the inventor of the crawler tractor‚ and the C. L. Best Tractor Company‚ creating a new entity‚ the California based Caterpillar Tractor Company In 1986‚ the company re-organized itself
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Caterpillar Page 1 of 8 An Operation’s Perspective of Caterpillar Ryan Operations Management – MAN4504 Prof. City College June 6‚ 2007 Caterpillar Page 2 of 8 Summary This paper provides a brief history of the company caterpillar as well as an perspective on several key points of their operations.
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The simple change to the machine worked so well that a bystander was rumored to have said the machine crawled along much like a caterpillar. Holt agreed‚ and dubbed his new machine “Caterpillar‚” a name he eventually trademarked in 1910. In 1986 Caterpillar officially changed the company name from Caterpillar Tractor Company to Caterpillar‚ Inc. In the 1930s‚ Caterpillar machines played a main role in the construction of several great United States landmarks that still stand today. Like The Golden
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had been hampered to some extent by the company’s goal of catching Caterpillar. Whereas this strategy had worked remarkably well in expanding the company while the global market was growing‚ now that worldwide demand for construction equipment was down‚ Komatsu did not have the flexibility to adapt. Katada believed that the creativity of Komatsu’s middle managers had been sacrificed while everyone was concentrating on Caterpillar‚ and that managers had grown afraid to question the direction of the
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Running Head: RESEARCH PAPER: CATERPILLAR 1 Research Paper: Caterpillar David M. Adkison American Military University RESEARCH PAPER: CATERPILLAR Abstract The topic of my research was the global management expertise and effectiveness of the company Caterpillar Inc.‚ a global leader in the production and manufacturing of construction and mining equipment. I researched the company’s website for core information and sought information outside the company for its global perspective. What I
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Summary Caterpillar is a company in the United States that makes engines tractors bulldozers and a lot of other kind of construction and mining equipment and they have many customers in the United States but also across the world. Caterpillar Is the leader in their industry because of their size and innovation of their machines and engines. The research conducted in this paper was to learn about the financial health‚ history and whether or not it would be a good idea to invest into Caterpillar and whether
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