Caterpillar- Brief History And Financials

History of guy and key defining company moments go hand in hand.
Imagine the following scenario: A crash on a CAT automobile operating in Chile copper mine begins to deteriorate. A district centralize remotely reading the censor on each machine automatically spots the problem and sends an alert to the local school principal’s field technician and the problem is resolved within hours.
In short, the logistic system ties together Caterpillar’s factories, statistical distribution centers, dealers, and large customers. The system links some 1000 locations across 23 time zones and 160 countries.
It all started with two visionaries, benjamin Hold and Daniel Best
1890. Benjamin Holt and Daniel Best experimented with various haomas of steam tractors for spend in farming. They did so separately, with separate companies.
1925. The Holt Manufacturing Company and the C. L. Best Tractor Co. commix to form Caterpillar Tractor Co.
1931. The first Diesel Sixty Tractor turn off the assembly line in East Peoria, Illinois, with a new efficient source of power for track-type tractors.
1940. The Caterpillar crossing line now implyd motor graders, blade graders, elevating graders, and galvanizing generating sets.
1950. Caterpillar Tractor Co. Ltd.



in Great Britain is established, the first of many overseas operations created to help manage foreign exchange shortages, tariffs, instant controls and better serve customers around the world.

1963. Caterpillar and Mitsubishi Heavy Industries Ltd. form one of the first joint ventures in Japan to include partial U.S. ownership. Caterpillar Mitsubishi Ltd. started production in 1965, has been renamed Shin Caterpillar Mitsubishi Ltd., and is now the No. 2 maker of construction and minelaying equipment in Japan.
1981-83. The worldwide recession took its toll on Caterpillar, cost the company the equivalent of $1 million a twenty-four hour period and forcing it to dramatically reduce employment.
1985- The product line continued to extend to meet a variety of customer...If you want to get a full essay, order it on our website: Orderessay



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