Caterpillar Inc. operates as a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. Segments The company principally operates through its three product segments: Construction Industries, Resource Industries, and Energy & Transportation. The company also provides financing and related services through its Financial Products segment. Construction Industries This segment is primarily responsible for supporting customers using machinery in infrastructure and building construction applications. The majority of machine sales in this segment are made in the heavy and general construction, rental, quarry and aggregates markets and mining. This segment’s product portfolio includes various machines and related parts, such as backhoe loaders, compact wheel loaders, small track-type tractors, small wheel loaders, track-type loaders, medium track-type tractors, skid steer loaders, mini excavators, select work tools, multi-terrain loaders, motor graders, medium wheel loaders, wheel excavators, telehandlers, compact track loaders, pipelayers, mid-tier soil compactors, and small, medium and large track excavators. Competition: The company’s competitors in China include Guangxi LiuGong Machinery Co., Ltd.; Longking Holdings Ltd.; Sany Heavy Industry Co., Ltd.; Xiamen XGMA Machinery Co., Ltd.; XCMG Group; The Shandong Heavy Industry Group Co., Ltd. (Shantui Construction Machinery Co., Ltd.); Strong Construction Machinery Co., Ltd.; and Shandong Lingong Construction Machinery Co., Ltd. (part of Volvo Group). Resource Industries This segment is primarily responsible for supporting customers using machinery in mine and quarry applications. The company offers mining customers the expanded product range in the industry. The company manufactures high productivity equipment for both surface and underground mining operations worldwide. The company’s equipment is used to extract and haul copper, iron ore, coal, oil sands, aggregates, gold and other minerals and ores. In addition to equipment, this segment develops and sells technology to provide customers fleet management systems, equipment management analytics, and autonomous machine capabilities. This segment’s product portfolio includes various machines and related parts, such as electric rope shovels; large track-type tractors; wheel tractor scrapers; draglines; large mining trucks; wheel dozers; hydraulic shovels; longwall miners; machinery components; track and rotary drills; large wheel loaders; electronics and control systems; highwall miners; off-highway trucks; select work tools; hard rock vehicles; articulated trucks; hard rock continuous mining systems; continuous miners; and scoops and haulers. Competition: The company’s global surface competitors include Komatsu Ltd.; Joy Global, Inc.; Hitachi Construction Machinery Co., Ltd.; Volvo Construction Equipment; Atlas Copco AB; and Sandvik Mining. The company’s global underground competitors include Joy Global, Inc.; Atlas Copco AB; Sandvik Mining; and Zhengzhou Coal Mining Machinery Group Co., Ltd. Energy & Transportation This segment supports customers in oil and gas, power generation, marine, rail and industrial applications, including Cat machines. This segment’s portfolio includes various products and related parts, such as reciprocating engine powered generator sets; reciprocating engines supplied to the industrial industry, as well as the company’s machinery; integrated systems used in the electric power generation industry; turbines, centrifugal gas compressors and related services; reciprocating engines and integrated systems and solutions for the marine and oil and gas industries; and diesel-electric locomotives and components and other rail-related products and services, as well as marine propulsion systems, and gas turbines and turbine-related services. Regulation: Regulatory emissions standards of the U.S. Environmental Protection Agency and comparable standards in other developed economies have required the company to make significant investments in research and development that would continu
(CAT*:Mexico Stock Exchange)
100 NE Adams Street
Peoria, IL 61629
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