Caterpillar Inc. (Public, NYSE:CAT) operates in three principal lines of business: Machinery, Engines and Financial Products. Machinery deals with the design, manufacture, marketing and sales of construction, mining and forestry machinery.
Engines business deals with the design, manufacture, marketing and sales of engines. Financial Products, consists primarily of Caterpillar Financial Services Corporation (Cat Financial), Caterpillar Insurance Holdings, Inc. (Cat Insurance), Caterpillar Power Ventures Corporation (Cat Power Ventures) and their respective subsidiaries.
In 2018, Caterpillar was ranked #65 on the Fortune 500 list and #238 on the Global Fortune 500 list. Caterpillar stock 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 reorganized itself as a Delaware corporation under the current name, Caterpillar Inc. Caterpillar's headquarters are located in Deerfield, Illinois; it announced in January 2017 that over the course of that year it would relocate its headquarters from Peoria, Illinois, to Deerfield, Illinois, scrapping plans from 2015 of building an $800 million new headquarters complex in 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.
Caterpillar Marine is working with 60 Cat Dealers and 20 MaK & EMD dealers globally to ensure our customers' enduring success. Their product offerings include diesel & dual fuel propulsion and auxiliary marine engines, as well as complete marine generator sets. In addition to power generation, they offer after treatment solutions and complete Fuel Gas Handling Systems.
To ensure maneuverability, propulsion and control throughout your vessel CAT offer Conventional Propeller Systems in a Controllable Pitch layout and Azimuth Propulsion Systems in Controllable and Fixed Pitch layouts as mechanical, electrical or hybrid driven solutions.
Exports with a slight drop in May Argentina
According to data provided by CAPECA, foreign sales registered a 1.6% decline compared to the same period in 2021. In the first 5 months of 2022 there were sales of 674 million dollars. The biggest fa...