Caterpillar Tractor Company

Caterpillar Inc.

Type	Public
Traded as	: CAT DJIA Component S&P 100 Component S&P 500 Component
Industry	Heavy equipment Engines Financial services
Predecessor	C. L. Best Holt Manufacturing Company
Founded	April 15, 1925; 92 years ago (1925-04-15) California, U.S.
Headquarters	Deerfield, Illinois, U.S.
Area served	Worldwide
Key people	Jim Umpleby (Chairman and CEO)
Products	Products List D11 Bulldozer 345C L Excavator 930G Wheel Loader 797F Haul Truck C13 Diesel Engine C32 Diesel/Gasoline Engine C280 Diesel/Gasoline Engine
Services	Services List Financing Insurance Maintenance Training
Revenue	US$38.537 billion (2016)
Operating income	US$498 million (2016)
Net income	US$-67 million (2016)
Total assets	US$74.704 billion (2016)
Total equity	US$13.213 billion (2016)
Number of employees	95,400 (2016)
Subsidiaries	Subsidiary List Caterpillar Financial Services Caterpillar Insurance Holdings Caterpillar Logistics Services Caterpillar Marine Power Systems FG Wilson Perkins Engines Progress Rail Services Corporation Solar Turbines
Website	www.caterpillar.com
Footnotes / references

Caterpillar Inc. (: CAT) is an American corporation which designs, develops, engineers, manufactures, markets and sells machinery, engines, financial products and insurance to customers via a worldwide dealer network. Caterpillar is a leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. With more than US$89 billion in assets, Caterpillar was ranked number 1 in its industry and number 44 overall in the 2009 Fortune 500. In 2016 Caterpillar was ranked #59 on the Fortune 500 list and #194 on the Global Fortune 500 list. Caterpillar is a component of the Dow Jones Industrial Average.

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, the California-based Caterpillar Tractor Company. In 1986, the company re-organized itself as a Delaware corporation under the current name, Caterpillar Inc. Caterpillar's headquarters are located in Peoria, Illinois; it announced in January 2017 that over the course of that year it would relocate its headquarters to Chicago, scrapping plans from 2015 of building a $800 million new headquarters complex at downtown Peoria.

The company also licenses and markets a line of clothing and workwear boots under its Cat / Caterpillar name. Caterpillar machinery is recognizable by its trademark "Caterpillar Yellow" livery and the "CAT" logo.

The steam tractors of the 1890s and early 1900s were extremely heavy, sometimes weighing 1,000 pounds (450 kg) per horsepower, and often sank into the rich, soft earth of the San Joaquin Valley Delta farmland surrounding . Benjamin Holt attempted to fix the problem by increasing the size and width of the wheels up to 7.5 feet (2.3 m) tall and 6 feet (1.8 m) wide, producing a tractor 46 feet (14 m) wide. But this also made the tractors increasingly complex, expensive and difficult to maintain.