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caterpillar inc caterpillar incorporated on march 12 1986 is a manufacturer of construction and mining equipment diesel and natural gas engines industrial gas turbines and diesel electric locomotivesaterpillar inc caterpillar incorporated on march 12 1986 is a manufacturer of construction and mining equipment diesel and natural gas engines industrial gas turbines and diesel electric locomotives
It's not that Caterpillar was doing poorly before the downturn. It was and still is the world's dominant maker of construction and mining equipment, as well as a leading producer of diesel and gas engines, industrial turbines (essentially jet engines that power equipment and generate electricity), and locomotives.