Caterpillar Commemorates a Century of Innovation and Leadership in Industry

Caterpillar Inc. is celebrating a remarkable milestone: its 100th anniversary as a leader in innovation and industry transformation. The company officially came into being on April 15, 1925, when the Holt Manufacturing Company and the C.L. Best Tractor Co. merged to form the Caterpillar Tractor Company. With its roots firmly planted in the development of the first track-type tractor tailored for pulling combine harvesters in Northern California, Caterpillar has evolved significantly. The company has risen to the challenge of the fast-paced construction and mining industries, providing a range of groundbreaking products and services that have made lasting impacts on infrastructure worldwide.

The centennial celebrations took place across various locations in the U.S., notably in Sanford, North Carolina and Peoria, Illinois. A significant gathering at the company’s headquarters in Irving, Texas, brought together the descendants of Caterpillar’s founders, Benjamin Holt and C.L. Best, as well as company employees and stakeholders. During these festivities, Caterpillar's current Chairman and CEO, Jim Umpleby, expressed gratitude to the employees for their hard work and dedication over the last century. He emphasized that the company's longevity and continued success were built on the steadfast trust of its customers and the robust support from its dealers and partners. Umpleby articulated a confident vision for the future: "I am proud to lead such a strong team, and I'm confident Caterpillar will continue to help our customers build a better, more sustainable world over the next 100 years."

The year-long centennial celebration includes a 'Centennial World Tour' aimed at visiting Caterpillar facilities across the globe. This avenue allows employees and visitors to engage with the company’s rich history interactively. In honor of its centennial, Caterpillar is also unveiling limited-edition machines painted in a unique "Centennial Grey," set to be available for purchase throughout 2025.

In addition to commemorating its past, Caterpillar is embracing the evolving landscape of its industry, committed to delivering innovative solutions in construction and mining equipment. The company has reported substantial sales, boasting revenue of approximately $67.1 billion in 2023, establishing itself as the leading manufacturer globally in its sector. Caterpillar operates through three primary segments: Construction Industries, Resource Industries, and Energy & Transportation, each driving their mission of sustainability and efficiency.

As Caterpillar reflects on its century-long journey, it underscores its dedication to a lower-carbon future. By prioritizing innovation and customer-centric strategies, the company aims to cement its role as a pivotal player in shaping a sustainable world where infrastructure continues to evolve and improve the quality of life.

Employees, customers, and global stakeholders are invited to partake in the celebrations and learn more about the significant achievements that have defined Caterpillar’s first century. The narrative of Caterpillar is not only about heavy machinery; it is the story of a committed team of innovators and builders who have consistently met the challenges posed by a changing world.

To explore the full history and engage with Caterpillar's innovative spirit further, visit the company’s dedicated anniversary site at caterpillar.com/100. Here, stakeholders can gain insight into the profound impact that Caterpillar has made over the years, and how it plans to continue making strides in the next century.

Topics Heavy Industry & Manufacturing)

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