Peoria, IL 61630
Caterpillar Inc. designs, manufactures and markets construction, mining and forestry machinery. The Company also manufactures engines and other related parts for its equipment, and offers financing and insurance. Caterpillar distributes its products through a worldwide organization of dealers.
For 91 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. Customers turn to Caterpillar to help them develop infrastructure, energy and natural resource assets. The company principally operates through its three product segments – Construction Industries, Resource Industries and Energy & Transportation – and also provides financing and related services through its Financial Products segment.
Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide.
The company’s Construction Industries segment offers backhoe loaders, small wheel loaders, small track-type tractors, skid steer loaders, multi-terrain loaders, mini excavators, compact wheel loaders, select work tools, small, medium and large track excavators, wheel excavators, medium wheel loaders, medium track-type tractors, track-type loaders, motor graders, and pipe layers for the heavy construction, general construction, mining and quarry, and aggregates markets.
Its Resource Industries segment provides large track-type tractors, large mining trucks, underground mining equipment, electric rope shovels, draglines, hydraulic shovels, drills, highwall miners, tunnel boring equipment, large wheel loaders, off-highway trucks, articulated trucks, wheel tractor scrapers, wheel dozers, select work tools, forestry products, paving products, industrial and waste products, machinery components, and electronics and control systems for mine, quarry, forestry, paving, tunneling, industrial, and waste customers.
The company’s Power Systems segment offers reciprocating engine powered generator sets; integrated systems for the electric power generation industry; reciprocating engines and integrated systems and solutions; turbines and turbine-related services; and diesel-electric locomotives and components, and rail-related products and services.
Its Financial Products segment provides retail and wholesale financing alternatives for Caterpillar equipment, machinery, and engines; offers property, casualty, life, accident, and health insurance, as well as insurance brokerage services; and purchases short-term receivables.
Caterpillar’s suite of automation offerings address the safety, productivity, and efficiency challenges of modern mining operations. Cat® Minestar™ Command capabilities include Command for hauling, as well as Command for dozing and Command for drilling.
Caterpillar’s Command for hauling system enables haul trucks to work autonomously without human operators, carrying material extracted by large shovels and excavators to other parts of the mine. Equipped with onboard sensors and computers, these trucks are dispatched from a remote centralized mine command system, and operate safely around other equipment, light vehicles and people.
The autonomous haul trucks operate continuously and only stop work when they need to be refueled or if they require maintenance. Consistent operation improves overall efficiency and profitability, reducing wear and tear to both machines and mine roads.
In 2016, Caterpillar introduced robotic technologies to large track-type tractors, as Command for dozing, and in drilling operations, as Command for drilling.
With Command for dozing capabilities, Caterpillar’s semi-autonomous solutions enable dozing on unstable surfaces, or handling hazardous materials, which keeps operators out of the cab and out of harm’s way. Cat® Command for drilling offers state-of-the-art guidance technologies helps operators drill holes at a precise location and depth paying off in better blasting, more productive loading and hauling, and more efficient final processing.
The company was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. Caterpillar Inc. was founded in 1925 and is headquartered in Peoria, Illinois.
Doug Oberhelman, Chairman/CEO
Bradley Halverson, President and CFO
Tom Pellette, President, Construction Industries
Ed Rapp, President, Resource Industries Group
Jim Umpleby, President, Energy & Transportation Group
James Buda, Exec VP Law & Public Policy