77, with a set of wooden tracks bolted to chains. He replaced the wheels on a 40 horsepower (30 kW) Holt steamer, No. Holt thought of wrapping the planks around the wheels. Two Holt 45 gasoline crawler tractors teamed up to pull a long wagon train in the Mojave Desert during construction of the Los Angeles Aqueduct in 1909.Īnother solution considered was to lay a temporary plank road ahead of the steam tractor, but this was time-consuming, expensive, and interfered with earthmoving. Benjamin Holt attempted to fix the problem by increasing the size and width of the wheels up to 7.5 feet (2.3 m) tall and 6 feet (1.8 m) wide, producing a tractor 46 feet (14 m) wide, but this also made the tractors increasingly complex, expensive, and difficult to maintain. The steam tractors of the 1890s and early 1900s were extremely heavy, sometimes weighing 1,000 pounds (450 kg) per horsepower, and often sank into the earth of the San Joaquin Valley Delta farmland surrounding Stockton, California. The company traces its roots to the steam tractor machines manufactured by the Holt Manufacturing Company in 1890. Main article: Holt Manufacturing Company Benjamin Holt, one of the founding fathers of Holt Manufacturing Company Origins Caterpillar machinery and other company-branded products are recognizable by their trademark "Caterpillar Yellow" livery and the "CAT" logo. Additionally, the company licenses the Cat phone brand of toughened mobile phones and rugged smartphones since 2012. The company also licenses and markets a line of clothing and workwear boots under its Cat / Caterpillar name. Its headquarters are located in Irving, Texas, since 2022. 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. In 1986, the company reorganized itself as a Delaware corporation under the current name, Caterpillar Inc. Best Tractor Company, creating a new entity, California-based Caterpillar Tractor Company. traces its origins to the 1925 merger of the Holt Manufacturing Company and the C. Caterpillar stock is a component of the Dow Jones Industrial Average. In 2018, Caterpillar was ranked number 73 on the Fortune 500 list and number 265 on the Global Fortune 500 list. The company is the world's largest manufacturer of construction equipment. is an American construction equipment manufacturer.
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