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In the ’70s and ’80s, which caterpillar business grew significantly?
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In 1986 why did caterpillar change its name from caterpillar tractor co to caterpillar inc
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What is the Strategic Development Study of Caterpillar Inc?
The technological improvements and PWTF program resulted in high quality of products, increased efficiency level and high productivity. As a result of all these efforts put by the organization, the Caterpillars 30 worldwide plants managed to cut the inventory level by 50% and manufacturing space by 21% in just 3 years.
When did Caterpillar become a heavy construction company?
Finally in 1960s, Caterpillar becomes the leader of the heavy construction equipment industry. Further in 1965, Caterpillar expanded its operations to Britain, Canada, France, Brazil, Australia, India and Japan. In 1983, the company starts providing financial services as well.
How did Caterpillar improve its relationship with its employees?
Caterpillar also focused on repairing its relationship with the labour as they experienced many strikes because of the cost cutting the company successfully achieved the target of an healthy employee and employer relationship.
When did Caterpillar first start making diesel engines?
Caterpillar was the first company that introduces diesel engines on a moving vehicle. In 1931, the company created separate engine sales group for the marketing of diesel engines to other equipment manufacturers and they further replaced it with sales and marketing division for serving better range of customers.
Last Update: Oct 2021
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