Caterpillar Inc. Expands Product Line with Heavy Machinery and Financial Services
Caterpillar Inc., a multinational corporation founded in 1925 and headquartered in Irving, Texas, is a leading manufacturer of construction and mining equipment. The company's offerings include asphalt pavers, compactors, forestry machines, material handlers, motor graders, pipelayers, road reclaimers, telehandlers, track-type tractors, and excavators.
The Construction Industries segment accounts for a significant portion of Caterpillar's revenue, with products such as backhoes, loaders, and skid-steer loaders. The Resource Industries segment provides heavy machinery, including electric rope shovels, draglines, rotary drills, and mining trucks.
Caterpillar also offers financial products, including operating and finance leases, revolving charge accounts, and wholesale financing. Additionally, the company provides logistics and distribution services, electronics and control systems, dealer portfolio management, brand management, and digital investment services.