# Caterpillar Inc.

> Caterpillar manufactures construction and mining equipment, engines, turbines and locomotives, supported by dealers, financing, parts, remanufacturing and digital fleet tools. Its business connects the initial equipment purchase to years of operation and maintenance; 2025 sales and revenues were $67.589 billion.

- **Founded:** 1925
- **Headquarters:** Irving, United States
- **Founders:** Benjamin Holt (Founder of predecessor Holt Manufacturing Company; died in 1920, before the merger), Clarence Leo Best (Founder of predecessor C.L. Best Tractor Co.; first Caterpillar chairman)
- **Products:** Cat construction equipment, Cat mining equipment, Power & Energy, Progress Rail, Cat MineStar Command for hauling
- **Notable:** Reached its centennial in 2025., Reported $67.589 billion in 2025 sales and revenues., Reported $24 billion of services revenues in 2025.

## Products & services

- **Cat construction equipment** — Excavators, dozers, wheel loaders, compact track loaders, telehandlers, graders and related attachments and support.
- **Cat mining equipment** — Large mining trucks, hydraulic mining shovels, drills and equipment for surface and underground operations.
- **Power & Energy** — Diesel and natural gas engines, generator sets, industrial gas turbines and associated power and energy solutions.
- **Progress Rail** — Rail equipment, diesel-electric locomotives and rail-related services.
- **Cat MineStar Command for hauling** — Autonomous haulage technology deployed in mining and adapted to quarry operations, including the Cat 777.
- **VisionLink** — Subscription fleet tools for supported Cat and mixed-brand equipment, covering location, utilization, maintenance and productivity.
- **Cat Reman** — Remanufactured components supported by a core-return deposit model; the business began in 1973.
- **Cat Financial** — Financing and leasing for customers and dealers purchasing or using equipment.
- **Battery-electric 793 prototype** — Large mining truck demonstrated in November 2022 through the Early Learner customer program; a prototype demonstration is distinct from general commercial availability.
- **Cat AI Assistant** — Introduced at CES 2026, with operator assistance and offboard service and parts support; expanded NVIDIA collaboration supports its development.

## Achievements

- Reached its centennial in 2025.
- Reported $67.589 billion in 2025 sales and revenues.
- Reported $24 billion of services revenues in 2025.
- Demonstrated a battery-electric 793 large mining-truck prototype in November 2022.
- The prototype battery-electric mining-truck project won the 2023 PMI Project of the Year Award.
- Luck Stone’s Bull Run autonomous pilot hauled more than 3.5 million tons before the September 2026 expansion announcement.

## Latest updates

- **2026-10** — The October 15 newsroom notice schedules Q3 2026 results for October 29; those results were not yet available at the research cutoff.
- **2026-09** — Announced plans to invest approximately $1 billion in North Carolina, including a new Sanford manufacturing facility for compact track loaders and telehandlers.
- **2026-09** — Entered an agreement to acquire the Fabick Cat dealership, subject to regulatory approval and customary closing conditions; the announcement is not proof of completion.
- **2026-09** — Announced expansion of Luck Stone autonomous haulage to two additional Virginia operations after more than 3.5 million tons hauled at Bull Run.
- **2026-08** — Reported Q2 2026 sales and revenues of $20.5 billion, up 24% year over year.
- **2026-04** — Joe Creed became chairman on April 1, after becoming CEO in 2025.
- **2026-01** — Announced expanded NVIDIA collaboration and construction autonomy developments at CES.

## Links

- Website: https://www.caterpillar.com
- LinkedIn: https://www.linkedin.com/company/caterpillar-inc/
- Twitter/X: https://twitter.com/CaterpillarInc
- YouTube: https://www.youtube.com/@caterpillarinc
- Instagram: https://www.instagram.com/caterpillarinc/
- Facebook: https://www.facebook.com/caterpillarinc

---

Profile page: https://yespress.io/caterpillar-inc
Published by YesPress — https://yespress.io
Last updated: 2026-10-22