Caterpillar History Timeline and Biographies

Caterpillar Inc., commonly known as CAT, is a leading American corporation that designs, manufactures, and sells machinery, engines, financial products, and insurance to customers via a worldwide dealer network. Founded in 1925 through the merger of Holt Manufacturing Company and C. L. Best Tractor Company, Caterpillar has grown to become one of the largest and most respected names in the heavy equipment industry. The company's iconic yellow machines are used in construction, mining, and a variety of other industries around the globe.

Creation Time:2024-05-19

1925

Formation of Caterpillar Inc.

Caterpillar Inc. was formed through the merger of Holt Manufacturing Company and C. L. Best Tractor Company, creating one of the most significant players in the heavy equipment industry.
1931

Introduction of the Diesel Sixty Tractor

Caterpillar introduced the Diesel Sixty Tractor, the first successful diesel-powered tractor, revolutionizing the industry with its efficiency and power.
1942

World War II Contribution

During World War II, Caterpillar equipment was extensively used by the U.S. military, contributing significantly to the war effort by providing reliable machinery for construction and transportation.
1950

Expansion into Brazil

Caterpillar expanded its global footprint by opening its first overseas manufacturing facility in Brazil, marking the beginning of its international growth.
1963

Introduction of the 944 Wheel Loader

Caterpillar introduced the 944 Wheel Loader, a versatile and powerful machine that became a staple in the construction industry.
1981

Launch of the D10 Dozer

The D10 Dozer was launched, featuring a revolutionary elevated sprocket design that improved performance and durability in heavy-duty applications.
1986

Introduction of the Cat Financial Services Corporation

Caterpillar established the Cat Financial Services Corporation to provide financial solutions and support to its customers, enhancing its service offerings.
1997

Acquisition of Perkins Engines

Caterpillar acquired Perkins Engines, a leading manufacturer of diesel and gas engines, expanding its product range and market reach.
2000

Introduction of ACERT Technology

Caterpillar introduced ACERT Technology, an innovative engine technology designed to meet stringent emissions regulations while maintaining performance and efficiency.
2003

Launch of the Cat C7 Engine

The Cat C7 Engine was launched, featuring ACERT Technology and becoming a popular choice for a wide range of applications due to its reliability and efficiency.
2011

Acquisition of Bucyrus International

Caterpillar acquired Bucyrus International, a leading manufacturer of mining equipment, significantly enhancing its mining product portfolio.
2014

Introduction of the Cat Connect Technology

Caterpillar introduced Cat Connect Technology, a suite of digital tools and services designed to improve efficiency, productivity, and safety on job sites.
2017

Headquarters Relocation

Caterpillar announced the relocation of its global headquarters from Peoria, Illinois, to Deerfield, Illinois, to better align with its global operations.
2018

Launch of the Next Generation Excavators

Caterpillar launched its Next Generation Excavators, featuring advanced technology and improved performance, setting new standards in the industry.
2022

Introduction of the Cat Command Technology

Caterpillar introduced Cat Command Technology, enabling remote and semi-autonomous operation of its machinery, enhancing safety and productivity on job sites.
2023

Expansion of Electric and Hybrid Solutions

Caterpillar expanded its range of electric and hybrid machinery, reflecting its commitment to sustainability and reducing environmental impact.
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