Caterpillar Inc. has been in operation for more than 90 years and since its formation in 1925. It was established by Clarence Leo Best, who named it C. L. Best Gas Traction Company. After a merger with Holt Manufacturing Company, the new entity; Caterpillar Tractor Company, was formed.
The company has a long history of making sustainable progress in various specialties. Its corporate offices are in Deerfield, Illinois.
Caterpillar Inc. has three primary segments of business; Construction Industries, Energy & Transportation, and Resource Industries. It has also established a financial products segment, which offers financing and related services. Additionally, it has a clothing line and workwear boots under its Caterpillar machinery name.
Due to its global presence, the company continues to increase its focus on solutions, which help its clientele build a better world. Its operational excellence is anchored on the delivery of industry-leading products and services.
Caterpillar Inc.is a celebrated global company with a listing on the NYSE market.