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Essay / Caterpillar Tractor Co. and The Holt Manufacturing Company
Company Overview – Caterpillar Tractor Co. was founded in 1925 and was the product of a merger between The Holt Manufacturing Company, owned by BBB HHH, and CL Best Tractor Co., owned by DDD BBB. The company had great demand during World War I, which led to the first overseas operation of many to come in the future. The current Caterpillar Inc. has four divisions in the company. They have resource industries, power systems, construction industries and a financial products department. Among the various departments, Caterpillar controls many brands which include, but are not limited to: Turner Powertrain Systems, Progress Rail Services and FG Wilson. According to the 4th Quarter 2013 Fact Sheet, the majority of sales and revenue was generated through the Electrical Systems Department, totaling $20,155,000. The construction department comes in second with a total of $18,445,000. These figures are derived from all operations in the region, including North America, Latin America, Asia/Pacific and EAME. According to the CEO of DDD OOO, certain elements will support the company and its financial situation....