Caterpillar is a world-scale construction equipment manufacturer that develops and manufactures power shovels, bulldozers and other equipment. Its sales network spans 190 countries, with 150 dealers, including 41 in the United States.
Caterpillar ranks among the world's largest construction equipment producers and develops and manufactures power shovels, bulldozers, agricultural trucks and other equipment. It also manufactures engines, supplying them for its own use and to other companies. It has sales locations around the world, with 150 dealers in operation and a sales network spanning 190 countries.
Details of its financials and results are provided in the main article, while the company is positioned as a source for checking the latest earnings forecasts and other information. Its core operations are concentrated on machinery manufacturing and engine supply. The breadth of its dealer network forms the foundation of its global sales capabilities.
In terms of its corporate history, the company expanded its business by acquiring US-based Rail-Prods and RDS Manufacturing in 2015 and US-based Kenpa Valve in 2016. These acquisitions strengthened its expansion into related fields, including railway fastening systems and valves for the oil and gas industry.
Competitors listed include Hitachi Construction Machinery, HD Hyundai Heavy Industries, Komatsu, Deere and Sany Heavy Industry, indicating that competition in the global market remains intense.