What is the history of Caterpillar Inc.?
Caterpillar Inc. was founded in 1925 through the merger of Holt Manufacturing Company and C. L. Best Tractor Co. Both companies had been pioneers in the development of steam and gasoline-powered tractors. Caterpillar has since become a global leader in construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and locomotives. Over its nearly 100 years of existence, Caterpillar has consistently focused on innovation and customer satisfaction. It has expanded its product portfolio, improved its manufacturing processes, and embraced digital technologies. The company has also established a strong international presence with operations in more than 180 countries. Today, Caterpillar continues to evolve and adapt, aiming to provide sustainable solutions that contribute to the growth and prosperity of its customers and communities worldwide.
Answered Nov 2, 2023
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