Caterpillar Is the World’s Leading Manufacturer with 110 Facilities Worldwide

An American corporation named as Caterpillar provides services of designing, manufacturing and selling machinery. It also sells and markets engines and financial products to its customers. According to year 2009’s ranking, it has been ranked as number one in its own industry and 44^th in the industry over all in the world. The company originated in 1925 and was first a tractor company. Latter in 1986, the company got re-organized and the new name for the company was Caterpillar.

Most important service that is provided by the company is manufacturing of products and components. The fact about this importance is that the company has 110 facilities worldwide. 51 of the plants are located in American States. Other plants are located in different countries like, Australia, Indian, china, Brazil, England, and Canada etc. apart from this the products produced in these plants are exported to more than 200 countries. This clearly shows that Caterpillar stock prices are rated to be high because of its huge amount f production and its sale worldwide.

In year 2006, the first quarter of year recorded that 66% of Caterpillar stock was made by its dealer in U.S. Similarly in year 2009, Caterpillar became world’s best manufacturer with CAT stock 89 billion U.S. dollars in assets. On the basis of Caterpillar Stock Share Prices in Canada, Caterpillar is the largest global distributor. Caterpillar’s dealers have their independently owned businesses and provide the Company with sales, repair services and distribution of parts.