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Irving, Texas-based Caterpillar Inc. (CAT) manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Valued at a market cap of $164.4 billion, the company also offers wear and maintenance components, parts distribution, logistics solutions and distribution services, dealer portfolio management, and marketing strategy services.
Companies worth $10 billion or more are generally described as “large-cap” stocks and Caterpillar fits right into that category with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the farm & heavy construction machinery industry. The company is one of the world's leading manufacturers of construction and mining equipment and is known for its safety and quality standards.
