Caterpillar Inc Buy Sell Tips Report Discussion
Caterpillar Inc. is the world’s largest manufacturer of industrial gas turbines, construction and mining equipment & diesel and natural gas engines. The company has its based in USA. It was founded way back in the year 1925. The headquarters are situated at Peoria, Illinois, USA. The business entity is being supported by more than 97,000 employees. As per the official annual report for the financial year 2007 the total revenue was $ 44.958 billion and the total net income was calculated as $ 3.541 billion. In the NYSE (New York Stock Exchange) the company has been listed as CAT.
The company has a list of more than 400 products which are sold in high volumes through its vast dealer network. The various vehicles from the closet of the company range from tracked tractors to off-highway trucks, hydraulic excavators, wheel loaders, motor graders, agricultural tractors and backhoe loaders. These vehicles are used in diverse fields like energy, road-building, transportation, construction, forestry, and mining & material-handling industries. Caterpillar Inc. has earned the reputation of becoming the world’s largest manufacturer of wheel loaders.
The products are distributed to the target markets via dealer networks. These dealers are independent and conduct business within a set geographical territory. Their functions include sales, repair, maintenance, parts distribution and rental equipment.
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