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Caterpillar Inc. : the Industry goods supplier across the globe

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market study
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"Caterpillar Inc., listed as CAT on New York Stock Exchange, headquartered at Peoria, Illinois, United States was incorporated in 1925. It is world's largest supplier of construction and mining equipments, industrial gas turbines and diesel and natural gas engines. The products and services offered by Caterpillar Inc, are machinery designing, engines manufacturing, defence and agricultural products, financial products and insurance services worldwide.

Financial Statistics

The company has a market capitalization of $51.31billion, enterprise value of $74.58B (as on Sep' 2011) and a trailing P/E ratio of 13.14. The annual revenue of the company is $42,588.00million. The demand for Caterpillar products is increasing continuously with the improvement in the economic conditions globally. Caterpillar Chairman and Chief Executive Officer Doug Oberhelman has taken measures to enhance the capacity of the manufacturing plants looking at the market demand of company's products.

Company is a leading player of Industrial goods. Strong competitors in industrial goods' landscape are CNH Global NV, Komatsu Ltd., Volvo AB and Farm & Construction Machinery. Full time employees working in the company are 1, 08,175 as against 1, 04,490. Last year, there has been an increase of 10, 677 full time employees worldwide. The flexible workforce has also been increased by 11, 046 thereby making the total to be 21,723.The workforce increase was primarily due to increased demand for the products owing to the growth in developing economies.

Mergers and Acquisitions

Caterpillar looked upon three major acquisitions in 2010; EMD, MWM and Bucyrus. Acquisition of EMD was successfully completed in 2010 itself and added a huge workforce to that of company. MWM and Bucyrus are still in pipeline.

Awards and Recognitions

Caterpillar Inc., for the eleventh consecutive year has been awarded with Dow Jones Sustainability Index for being one of the sustainable leaders in Industrial Engineered goods Industry. It has also been awarded with ""World's Most Ethical Company"" for the previous three years.

Global Scene

Company is highly innovative in its approach and enjoys a loyal customer base. It's a market leader and possesses a strong and wide network of dealers. But at the same time, it has a high debt to equity ratio. The sales are slowing down in African and Middle Eastern regions.
Strategic acquisitions and alliances can help company leverage its extensive dealer network and boost its sales in business difficult regions too. Will Caterpillar be able to improve its sales in African and Middle Eastern regions? Will it be able to sustain its market leader position for long?"

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