Caterpillar – An Economic Analysis
Caterpillar Inc. (formerly Caterpillar Tractor Company) is a leading manufacturer of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. Currently, the world headquarters is in Peoria, Illinois. The average number of employees for the last five years is over 100,000. In 2011 sales were 57 billion, 70 percent of which were sales outside of the United States. There is a vast array of product groups and industries served which include, but are not limited to, power systems, construction industries, and financial products. Stock is currently valued at $92.47 per share. While they are an extremely well ran, profitable company, they also strive to be seen as a socially responsible organization as well. Support of the United Way exceeded $10.6 million in 2011 in contributions from the corporation as well as from the employees. In addition, they have made over $50 million in philanthropic investments worldwide.
Caterpillar Inc. – Supply
Caterpillar Incorporated (CAT) has a distinct advantage as a large company as its supply of products is in high demand around the world. According to their home page on their website (2012),
“For more than 85 years Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. With 2011 sales and revenues of $60.138 billion, Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. The company also is a leading services provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services, Caterpillar Logistics Services, and Progress Rail Services”.
The organization has strategically developed their company to...