Today, Caterpillar remains the world’s leading maker of heavy industrial equipment. military’s Operation Deep Freeze III in the late 1950s. CAT machines have come to the rescue in some of the most geographically challenging places, such as Antarctica, during the U.S. The Indian government followed suit soon afterward, with the purchase of 93 CAT machines to help with the nation’s road network projects. From the early ’50s, a 10.5-mile highway through Venezuela’s Andes Mountains was constructed with the help of CAT machines. Caterpillar’s Expansion in the 1950sįollowing World War II, Caterpillar started expanding into foreign territories. in World War II, with more than 50,000 military tractors manufactured. The company’s machines also supported the military efforts of the U.S. Some noteworthy examples can be seen in the 1930s, when Caterpillar machinery played a key role in major construction projects, including the Grand Coulee Dam, the Golden Gate Bridge, and the Mississippi Levee project. While Holt had been instrumental in the making of the industrial tractor decades before the Caterpillar Company was established, a number of remarkable achievements still happened after the new corporation’s formation in 1925. Early Achievements in the Caterpillar History Caterpillar Tractor Company changed its official name to Caterpillar Inc. Holt concurred and even went ahead to name his invention “Caterpillar,” a name he would later go on to trademark. The new invention worked like a charm, so much so that one observer reportedly remarked that the machine was crawling along in the manner of a caterpillar. So in place of the wheels, he experimented with wooden tracks that were bolted to chains. In the early 1900s, Benjamin Holt had been looking to improve the traction and mobility of the steam tractors they were making. However, the Caterpillar name had been in use many years prior to the merger. Best Tractor Company and Holt Manufacturing Company. The Caterpillar Tractor Company was formed following a 1925 merger between C. Half of its business comes from within the United States, with the rest of the world accounting for the other half.Ĭaterpillar was able to return to profitability in the mid-’80s after a tumultuous period between 19 when the company suffered nearly $1 billion in losses. A global giant in its own right, the company manages 25 major production plants across the globe. The caterpillar logo and the history of the company.Ĭaterpillar is a household name in the manufacture of heavy vehicles used for agriculture and construction.
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