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Caterpillar C9
Caterpillar Inc., also known as Cat, is an American construction, mining and other engineering equipment manufacturer. The company is the world's largest manufacturer of construction equipment. In 2018, Caterpillar was ranked number 73 on the ''Fortune'' 500 list and number 265 on the Global ''Fortune'' 500 list. Caterpillar stock is a component of the Dow Jones Industrial Average. Caterpillar Inc. traces its origins to the 1925 merger of the Holt Manufacturing Company and the C. L. Best Tractor Company, creating a new entity, California-based Caterpillar Tractor Company. In 1986, the company reorganized itself as a Delaware corporation under the current name, Caterpillar Inc. It announced in January 2017 that over the course of that year, it would relocate its headquarters from Peoria, Illinois, to Deerfield, Illinois, scrapping plans from 2015 of building an $800 million new headquarters complex in downtown Peoria. Its headquarters are located in Irving, Texas, since 2022. T ...
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Peoria, Illinois
Peoria ( ) is a city in Peoria County, Illinois, United States, and its county seat. Located on the Illinois River, the city had a population of 113,150 as of the 2020 United States census, 2020 census, making it the List of municipalities in Illinois, eighth-most populous city in Illinois. It is the principal city of the Peoria, Illinois, metropolitan area, Peoria metropolitan area in Central Illinois, consisting of Fulton County, Illinois, Fulton, Marshall County, Illinois, Marshall, Peoria, Stark County, Illinois, Stark, Tazewell County, Illinois, Tazewell, and Woodford County, Illinois, Woodford counties and home to 402,391 people in 2020. Established in 1691 by the French explorer Henri de Tonti, Peoria is the oldest permanent European settlement in Illinois, according to the Illinois State Archaeological Survey. Originally known as Fort Clark, it received its current name when the Peoria County, County of Peoria was organized in 1825. The city was named after the Peoria peop ...
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Caterpillar 797F
The Caterpillar 797 is a series of off-highway, ultra class, two-axle, mechanical powertrain haul trucks developed and manufactured in the United States by Caterpillar Inc. specifically for high-production mining and heavy construction applications worldwide. In production since 1998, the 797 series represents Caterpillar’s largest, highest capacity haul trucks. The current, third-generation model, the 797F, offers one of the largest haul truck payload capacities in the world, up to and has the highest payload capacity among mechanical drive haul trucks. Initial development In 1997, Caterpillar decided to begin the development of a payload capacity haul truck to meet the demand from large-scale mine operators wanting to reduce operating costs at mines using 80 to 90 short tons (73 to 82 t) per pass shovels. Engineers at Caterpillar's Mining & Construction Equipment Division in Decatur, Illinois, created a new design for the 797 using computer-aided design technology. This ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, '' Bloomberg Businessweek'', '' Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Jo ...
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Deerfield, Illinois
Deerfield is a village in Lake County, Illinois, Lake and Cook County, Illinois, Cook counties in the U.S. state of Illinois. A northern Chicago metropolitan area, suburb of Chicago, Deerfield is located on the North Shore (Chicago), North Shore, about north of Chicago Loop, downtown Chicago. The population was 19,196 at the 2020 United States census, 2020 census. Deerfield is home to the headquarters of Walgreens Boots Alliance, Baxter Healthcare, and Fortune Brands Home & Security. Deerfield is often listed among the wealthiest and highest-earning places in Illinois and the Midwest. According to the United States Census Bureau, the median household income in Deerfield was $185,762 in 2022. History Beginnings Originally populated by the Bodéwadmiakiwen (Potawatomi), Myaamia (Miami people, Miami), Kiikaapoi (Kickapoo people, Kickapoo), and Peoria people, Peoria Native Americans, the area was settled by Horace Lamb and Jacob B. Cadwell in 1835 and named Cadwell's Corner. A sh ...
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Dow Jones Industrial Average
The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indices. It is Price-weighted index, price-weighted, unlike other common indexes such as the Nasdaq Composite or S&P 500, which use Capitalization-weighted index, market capitalization. The DJIA also contains fewer stocks, which could exhibit higher risk; however, it could be less volatile when the market is rapidly rising or falling due to its components being well-established large-cap companies. The value of the index can also be calculated as the sum of the stock prices of the companies included in the index, divided by a factor, which is approximately 0.163 . The factor is changed whenever a constituent company undergoes a stock split so that the value of the index is unaffected by the stock split. First calculated on May 26, 1896, the ind ...
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Fortune (magazine)
''Fortune'' (stylized in all caps) is an American global business magazine headquartered in New York City. It is published by Fortune Media Group Holdings, a global business media company. The publication was founded by Henry Luce in 1929. The magazine competes with ''Forbes'' and '' Bloomberg Businessweek'' in the national business magazine category and distinguishes itself with long, in-depth feature articles. The magazine regularly publishes ranked lists including ranking companies by revenue such as in the ''Fortune'' 500 that it has published annually since 1955, and in the ''Fortune'' Global 500. The magazine is also known for its annual ''Fortune Investor's Guide''. History ''Fortune'' was founded by ''Time'' magazine co-founder Henry Luce in 1929, who declared it as "the Ideal Super-Class Magazine", a "distinguished and de luxe" publication "vividly portraying, interpreting and recording the Industrial Civilization". Briton Hadden, Luce's business partner, was no ...
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WFAA
WFAA (channel 8) is a television station licensed to Dallas, Texas, United States, serving as the American Broadcasting Company, ABC affiliate for the Dallas–Fort Worth metroplex. It is owned by Tegna Inc. alongside Decatur, Texas, Decatur-licensed independent station KFAA-TV (channel 29), which provides a full-market high-definition television, high definition simulcast of WFAA's main channel on its UHF physical channel assigned to channel 8.8, due to long-term issues involving WFAA's digital VHF signal. The two stations share studio facilities and business offices at the WFAA Communications Center Studios on Young Street in downtown Dallas (next to the offices of WFAA's former sister newspaper under the ownership of former parent company Belo Corporation, Belo, ''The Dallas Morning News''). WFAA's transmitter is located in Cedar Hill, Texas. WFAA is the largest ABC affiliate by market size that is not owned and operated by the network through its ABC Owned Television Statio ...
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Solar Turbines
Solar Turbines Incorporated, a wholly owned subsidiary of Caterpillar Inc., designs and manufactures industrial gas turbines for onshore and offshore electrical power generation, for marine propulsion and for producing, processing and transporting natural gas and oil. The company traces its history to the 1927 founding of the Prudden-San Diego Airplane Company, which became the Solar Aircraft Company in 1929. Through the Great Depression, they mainly produced components for other manufacturers, growing during World War II and diversifying into non-aircraft products after the war. During this period, they won a number of contracts to produce jet engine components. Convinced that the gas turbine was the prime mover of the future, the company invested heavily in the development of small turbines. The turbine never came to be the main prime mover, but Solar's expertise in small turbines found a number of niche roles. The company was purchased by International Harvester Company in ...
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Progress Rail
Progress Rail Services Corporation , a fully owned subsidiary of Caterpillar since 2006, is a supplier of railroad and transit system products and services headquartered in Albertville, Alabama. Founded as a recycling company in 1982, Progress Rail has increased the number of its product and service offerings over time to become one of the largest integrated and diversified suppliers of railroad and transit system products and services in North America. Progress Rail markets products and services worldwide and maintains 110 facilities in the United States, 34 in Mexico, 5 in the UK, 4 in Canada, 2 in Brazil, 1 in Italy, and 1 in Germany. Progress Rail is organized into two divisions: Infrastructure and Rolling Stock. History "Progress Rail" traces its roots to a recycling company founded in Albertville, Alabama, United States in 1982. With the merger of Progress Rail's owner Florida Progress Corporation and Carolina Power & Light Company in 2000, it became owned by the new entit ...
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Perkins Engines
Perkins Engines Company Limited is primarily a diesel engine manufacturer for several markets including agricultural, construction, material handling, power generation, and Industrial sector, industrial. It was established in Peterborough, England in 1932 and has been a subsidiary of Caterpillar Inc. since 1998. Over the years, Perkins has expanded its engine catalogue, producing thousands of different engine specifications including diesel and petrol engine automatives. History High-speed diesel engines F. Perkins Limited, established on 7 June 1932, was founded by Frank Perkins (engineer), Frank Perkins and Charles Chapman (engineer), Charles Wallace Chapman, on Queen Street, Peterborough, to design and manufacture high-speed diesel engines.F. PERKINS LIMITED (Incorporated under the Companies Act, 1929). ''The Times'', 23 July 1951; pg. 9; Issue 52060 Chapman was the design engineer (technical director) and company secretary and had a ten percent shareholding in the compan ...
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Training
Training is teaching, or developing in oneself or others, any skills and knowledge or fitness that relate to specific useful competencies. Training has specific goals of improving one's capability, capacity, productivity and performance. It forms the core of apprenticeships and provides the backbone of content at institutes of technology (also known as technical colleges or polytechnics). In addition to the basic training required for a trade, occupation or profession, training may continue beyond initial competence to maintain, upgrade and update skills throughout working life. People within some professions and occupations may refer to this sort of training as professional development. Training also refers to the development of physical fitness related to a specific competence, such as sport, martial arts, military applications and some other occupations. Training methods of all types can be improved by setting specific, time-based, and difficult goals. This allows for ...
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Maintenance, Repair And Operations
The technical meaning of maintenance involves functional checks, servicing, repairing or replacing of necessary devices, equipment, machinery, building infrastructure and supporting utilities in industrial, business, and residential installations. Terms such as "predictive" or "planned" maintenance describe various cost-effective practices aimed at keeping equipment operational; these activities occur either before or after a potential failure. Definitions Maintenance functions can be defined as maintenance, repair and overhaul (MRO), and MRO is also used for maintenance, repair and operations. Over time, the terminology of maintenance and MRO has begun to become standardized. The United States Department of Defense uses the following definitions: Federal Standard 1037C and from MIL-STD-188 and from the Department of Defense Dictionary of Military and Associated Terms * Any activity—such as tests, measurements, replacements, adjustments, and repairs—intended to retain ...
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