Wednesday, 18 December 2013

Caterpillar Company Description

http://www.bidnessetc.com/business/caterpillar/company-description/

Caterpillar Inc. (CAT) is a global industrial machines manufacturer based out of Peoria, Illinois. The company is classified under three main segments based on the end user markets that it serves. Caterpillar machinery is used in the construction, mining and power generation industries. Caterpillar’s 2012 market cap was $53 billion, and its global sales were $66 billion. The company’s three main segments – Construction Industries, Resource Industries and Power Systems -accounted for almost a third of the company’s revenues. Geographically, the US accounted for 36% of sales followed by Asia Pacific at 26%. CAT serves its end markets through a network of authorized dealers and distributors.Read More: CAT