Based in Peoria, Illinois, Caterpillar Inc. defined themselves as the world’s largest manufacturer of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. The company which commonly referred to simply as CAT is famous for their products featuring caterpillar tracks and a distinctive yellow paint scheme, Caterpillar produces a wide range of engineering vehicles, including the range of Caterpillar bulldozers.

Caterpillar is one of the thirty companies whose stock is tracked in the Dow Jones Industrial Average. It is a Fortune 500 company, ranked number 50 in 2008, and first in its industry, with more than $30 billion in assets.

The story of Caterpillar Inc. originates in the late 19th century, when Daniel Best and Benjamin Holt experimented with ways to fulfill the promise that steam tractors held for farming. By 1904, these large steam-powered tractors had been plowing California fields for 14 years, and occasionally got bogged down in the soft soil, especially after heavy rains. Once stuck in the mire, they were difficult to pull free, even with teams of horses. Their great weight typically rested on four metal wheels.

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