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Encyclopedia > Caterpillar Incorporated


Caterpillar Inc
Type Public
Slogan
Founded 1925
Location Peoria, IL
Key people James Owens, CEO & Chairman
Employees 69,169
Products Construction & Agriculture Machinery
Web site www.cat.com


Caterpillar Inc. (NYSE: CAT (http://www.nyse.com/about/listed/lcddata.html?ticker=CAT)) is a United States based corporation headquartered in Peoria, Illinois. Caterpillar is, according to their corporate website, "the world's largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines."




















Famous for their products featuring the caterpillar track, Caterpillar produces a wide range of heavy equipment, mainly engineering vehicles, including the Caterpillar D9 bulldozer.


Caterpillar is one of the companies whose stock is tracked in the Dow Jones Industrial Average.


Caterpillar was one of the "excellent" companies featured in the 1982 best-selling management book In Search of Excellence by business management guru Tom Peters.

Contents

History

Caterpillar was formed in 1925 with the merger of Holt Manufacturing Company with the C. L. Best Tractor Company, forming the Caterpillar Tractor Company. Holt Manufacturing had earlier pioneered the use of the caterpillar track during World War I.


In recent years, Caterpillar has also been a brand of clothing, particularly shoes and boots.


Controversies

Israeli use of Caterpillar

A coalition of groups is calling on people to protest Caterpillar's sales of D9, D10, and D11 bulldozers to Israel. They cite:

For a more detailed discussion of Israeli use of Caterpillar bulldozers, see Caterpillar D9.


External links

  • Caterpillar.com (http://www.caterpillar.com/)

Links regarding involvement in Israel

  • Stop Caterpillar (http://www.catdestroyshomes.org), a website run by Jewish Voice for Peace to promote the case against allowing Caterpillar products in Israel
  • Letter to Caterpillar CEO James Owens (http://hrw.org/english/docs/2004/11/22/isrlpa9706.htm), from Human Rights Watch, calling on Caterpillar to cease sales of the D9 to Israel
  • Shareholder resolution press release (http://www.jewishvoiceforpeace.org/press/releases/release112204.html), from Jewish Voice for Peace, about a shareholder resolution asking Caterpillar to investigate whether sales its equipment to Israel violate the company's Code of Worldwide Business Conduct (PDF, 2.2MB) (http://www.cat.com/cda/components/securedFile/displaySecuredFileServletJSP?fileId=89709&languageId=7)





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FindLaw for Legal Professionals - Case Law, Federal and State Resources, Forms, and Code (8002 words)
Although Caterpillar was aware that Inland's specifications included a deadman's switch and that Cal- umet modified the forklift units in order that it might comply with the specs, /7 it did not inspect the modified forklifts after the alterations were completed and ready for delivery.
Caterpillar had no involvement in (1) the decision to in- stall a deadman's switch; (2) the engineering or mechanical installation of the switch; or (3) the brand of switch to be installed.
The plaintiff contends that because Caterpillar knew that the forklifts were to be used in the steel making process, and in a building subject to extreme heat because of the presence of oper- ating blast furnaces, it had a duty to ensure that the forklifts were equipped with heat resistant seats.
  More results at FactBites »


 
 

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