Caterpillar Inc.

Template:Infobox Company Caterpillar Inc. Template:Nyse is a United States based corporation headquartered in Peoria, Illinois. Caterpillar is, according to their corporate website, "the world's largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines."

Famous for their products featuring the caterpillar track, Caterpillar produces a wide range of heavy equipment, mainly engineering vehicles, including the Caterpillar D9 bulldozer.

Caterpillar is one of the companies whose stock is tracked in the Dow Jones Industrial Average.

Caterpillar was one of the "excellent" companies featured in the 1982 best-selling management book In Search of Excellence by business management guru Tom Peters.

Contents

History

Caterpillar was formed in 1925 with the merger of Holt Manufacturing Company with the C. L. Best Tractor Company, forming the Caterpillar Tractor Company. Holt Manufacturing had earlier pioneered the use of the caterpillar track during World War I.

Caterpillar purchased the British Perkins Engine Company for their diesel engines in 1987.

In recent years, Caterpillar has also used their name for branded clothing, particularly shoes and boots.

Controversies

Israeli use of Caterpillar

Caterpillar tractors have been bought and used by the Israel Defense Forces (the Israeli military) for use in its occupied territories.

A coalition of groups[1] (http://www.catdestroyshomes.org/endorse.php), is calling on people to protest Caterpillar's sales of D9, D10, and D11 bulldozers to Israel. They cite:

Caterpillar refused to do so, stating that

"Caterpillar shares the world's concern over unrest in the Middle East and we certainly have compassion for all those affected by political strife. However, more than 2 million Caterpillar machines and engines are at work in virtually every region of the world each day. We have neither the legal right nor the means to police individual use of that equipment."

Pro-Israeli and Jewish human right groups, such as the Anti-Defamation League, have criticized these boycott campaigns as a cynical effort to hamper Israel's self-defense against Palestinian terrorism. Some have even denounced these campaigns as antisemitic, noting that the boycotts primarily target Jews, as they single out the Jewish state in their boycotts. [2] (http://www.palestinemonitor.org/new_web/right_group_target_bulldozer.htm), [3] (http://supernatural.blogs.com/weblog/2004/06/the_terror_enna.html), [4] (http://scoop.agonist.org/story/2004/7/16/9590/37248)

On April 14, 2005, at the annual meeting of Caterpillar shareholders, a proposal raised by four Roman Catholic orders of nuns and the group Jewish Voice for Peace, for an investigation to examine if the sales bulldozers to Israel were in violation of human rights and CAT's business code was rejected by an overwhelming majority.[5] (http://www.globes.co.il/serveen/globes/docview.asp?did=904639&fid=942)

For a more detailed discussion of Israeli use of Caterpillar bulldozers, see IDF Caterpillar D9.

See also

Notable Products

  • Front-loaders:
    • 950E
    • 955E
    • 966E
    • 966G

Israeli-Palestinian conflict

External links

Links regarding involvement in Israel

fr:Caterpillar he:קטרפילר sv:Caterpillar

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