Caterpillar's Century of Powering Progress
Raleigh News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Caterpillar, the worlds leading construction equipment manufacturer, has a rich history dating back over a century. Known for its iconic yellow machines, the company has expanded into locomotives and turbines for mining, energy, and transport. Starting with a caterpillar-like tractor in 1905, the company merged in 1925 and hit the NYSE in 1929. Despite market crashes and wars, Caterpillars reliability earned it a global reputation. Joining the Dow Jones in 1991, the company now boasts 118,000 employees and $67.6 billion in sales. Despite trade challenges, Caterpillar is investing in AI, powering data centers, and training workers for autonomous machines, ensuring its continued success in the 21st century.
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