Caterpillar Inc.

American construction-equipment manufacturer

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2024 Ended licensing of the Cat phone brand of mobile phones and rugged smartphones.
August 2024 San Francisco State University announced it would divest from Caterpillar as part of a deal with student activists, due to the company supplying equipment to the Israeli army.
2023 Reached a record high with revenue of $67.06 billion and 113,200 employees, marking a significant growth milestone.
November 2023 Reached an agreement to sell Caterpillar assets in Russia to PSK - New Solutions, a company founded by former Sberbank people.
January 2023 Caterpillar reached a settlement with the Internal Revenue Service and was not ordered to pay any penalties related to its previous tax strategies.
2022 Caterpillar achieved record net income of $6.705 billion and revenue of $59.43 billion.
2022 Stop the Wall campaign called out Caterpillar alongside other companies for their involvement in equipment sales to the Israeli military.
2022 Strong financial performance with revenue increasing to $59.43 billion and 109,100 employees.
June 14 2022 Company announces plans to move global headquarters from Deerfield, Illinois, to Irving, Texas, citing strategic business interests.
May 2022 Production at the Tosno, Russia plant was stopped.
2021 Continued recovery with revenue of $50.97 billion and 107,700 employees.
2020 Despite the global pandemic, Caterpillar maintained significant operations with a net income of $2.998 billion and revenue of $41.75 billion.
2020 Caterpillar planned to cut 700 jobs at its Northern Ireland operations.
December 31 2020 Reported total CO2e emissions (Direct + Indirect) at 1,521 kilotonnes, representing a 16.9% year-over-year reduction from the previous year.
June 2020 Reported involvement of Caterpillar clothing wholesaler Summit Resource International in a Chinese government labor transfer scheme using forced labor of Uyghurs in internment camps.
2018 Established baseline year for Caterpillar's carbon emissions reduction target, aiming to reduce total CO2e emissions by 30% by 2030.
2018 Began restructuring, closing a demonstration center in Panama and an engine-manufacturing facility in Illinois.
2018 Ranked number 73 on the Fortune 500 list and number 265 on the Global Fortune 500 list.
December 12 2018 Jim Umpleby was named chairman of the board, reuniting the CEO and chairman positions after previously being split.
2017 Documents revealed that Caterpillar hired private investigators to spy on the family of Rachel Corrie, an American human rights activist killed by a D9 bulldozer in Rafah in 2003.
March 2017 US federal agents raided Caterpillar's headquarters in Peoria, Illinois, as part of an investigation into the company's aggressive tax deferral techniques.
January 31 2017 Company announces plans to move headquarters from Peoria to Deerfield, Illinois, to be completed by the end of 2017.
January 1 2017 Jim Umpleby succeeded Douglas R. Oberhelman as CEO of Caterpillar Inc., marking a significant leadership transition.
2016 Experienced a challenging year with near-zero net income (−$0.067 billion) and reduced employee count to 99,500.
2015 The United States Navy clarified that Caterpillar has some of the most secure control systems, intending to use the company as a model for designing cyber protections.
2015 Initial plans developed to build an $800 million new headquarters complex in downtown Peoria.
2014 Presbyterian Church (USA) sold its Caterpillar shares, citing the company's equipment being used in Palestinian house demolitions and Israeli surveillance activities in the West Bank.
April 2014 A senate subcommittee led by Senator Carl Levin began investigating Caterpillar's tax policies, focusing on the company's offshore tax strategy.
2012 The company continued its growth, reaching a revenue of $65.88 billion and maintaining a large workforce of 127,800 employees.
2012 MSCI removed Caterpillar from three socially responsible investment indices due to the Israeli military's use of its bulldozers in Palestinian territories.
2012 Began licensing the Cat phone brand of toughened mobile phones and rugged smartphones.
2012 MLE ceased production in Almere due to recession and declining sales, transitioning from a manufacturing facility to a sales office.
August 2012 Strike agreement reached, resulting in a 6-year wage freeze for workers.
May 1 2012 780 members of the International Association of Machinists and Aerospace Workers Local Lodge 851 went on strike.
2011 Caterpillar saw a strong recovery, with revenue reaching $60.14 billion and employee count growing to 113,600.
2010 Caterpillar announced plans to expand production of backhoe and small wheel loaders with a new factory in Brazil.
January 1 2010 Jungheinrich Forklifts joined the partnership through a manufacturing and distribution agreement with MCFA.

This contents of the box above is based on material from the Wikipedia articles Mitsubishi Caterpillar Forklifts & Caterpillar Inc., which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.

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