Caterpillar Inc. is credited with the honor of having served the infrastructural projects all over the world with its construction and mining equipment, industrial and natural gas turbines and diesel-electric locomotives for the last 85 years. The company is responsible for every aspect related to these products from designing and manufacturing right up to marketing and selling through its network of dealers and distributors and has established itself not as an undisputed leader but also the largest in terms of volume of production.
Popularly referred to as CAT, this company operates in three distinct industries namely heavy equipment, engines and financial services. The first category comprises mainly of machinery involved in construction, mining, forestry, loaders, excavators, tunnel boring equipment and so on. Products related to rail also come under this segment with maximum emphasis being laid on diesel-electric locomotives and logistics management services.
Under the engines section, not only does the company provide support for Caterpillar machinery through diesel, heavy fuel and natural gas engines but also looks after the requirements of industrial, agricultural, construction, marine and petroleum sectors. Manufacture of industrial turbines and its related applications for oil, gas and power generation and revamping of engine and its components are some of the additional functions performed by this division.
Through its financial arm Caterpillar Inc. provides financial solutions of both retail and wholesale types to its customers to enable them to acquire expensive and heavy machinery and equipment with ease. In addition to the usual alternatives, customers have the option of loans and insurance programs as well especially when the purchase is concerned with vehicles, power generation and marine vessels.
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