Our global company presentation is with the company Caterpillar Inc. Caterpillar is currently a manufacturer of heavy equipment and engines. Some of its products are bulldozers(a powerful tractor with a substantial metal plate used to push large quantities of soil, sand, rubble, or other such material during construction or conversion work), excavators(a large machine for removing soil from the ground), wheel loaders( mobile shovels that transfer materials such as asphalt, demolition debris, dirt, snow, feed, gravel, logs, raw minerals, recycled material from stockpiles to trucks, or transport material around job sites), diesel engines(an internal combustion engine in which heat produced by the compression of air in the cylinder is used to …show more content…
The machine got its Caterpillar name from photographer C. Clements in March 1905 as he observed its caterpillar-like motion. The Holt Brothers Paddle Wheel Improved Traction Engine, Their seventh track design, was the first true production model; it was built and sold in late 1906. The first gas-powered tractor was also built in late 1906, and the first one to sell was shipped in September 1908. The Caterpillar name was registered as a trademark in 1910. During WW1,1914-1918, Holt manufacturing manufactured gasoline powered tractors to haul supplies and ammunition for British and American …show more content…
Best got his start developing a portable grain cleaner, and later turned his attention to developing a combine harvester. In 1890, Best purchased the rights to the Remington steam engine, and began producing both steam tractors and steam-powered combines. A legal battle in 1910 allowed rival Holt to acquire Best's company, and left Daniel's son (Clarence Lawrence Best) known as C.L. with an ownership stake. C.L. Best disliked working in the Holt organization, and formed his own company in 1910, producing gasoline tractors. Best acquired patents for the Lombard Log Hauler, an early tracked crawler, and began producing "tracklayer" tractors. Henry Ford's price war with the Fordson tractor created hard times for all tractor companies in the early 1920s. In 1925, Best and Holt consolidated into the Caterpillar Tractor
Theodore Alfred Peterman was the founder of Peterbilt Motors Company in 1937. Theodore had a problem. He couldn’t get logs from the forest to the lumber mill quickly or efficiently. The first truck Peterman and his employees helped rebuild was an old army truck. The army truck helped solve his problem. He figured out that if he placed the battery on the starter instead of the crank, it would work. Peterman did not live to long after starting his business and selling his invention for six years. His wife Ida Peterman sold the business to seven individuals within the Peterbilt organization a year after Theodore died. He did in 1945. When it was sold to those seven individuals, it was expanded into a serious producer of heavy duty trucks. The shareholders eventually sold it to PACCAR (Pacific Car & Foundry Co.) They had already acquired the assets of Kenworth in 1945 and was planning on becoming a player in the heavy truck market. Pacific Car made Peterbilt Motors a wholly owned subsidiary. Peterbilt finally carried its own tradition while retaining its ...
ImageText BoxImageOne of the biggest threats to the environment of Ontario is the Gypsy Moth (Lymantria dispar dispar). The species itself is native to Europe and Asia. How this affects us is by weakening trees across Ontario and North America. The first time the gypsy moth was found in Ontario was 1969. The gypsy moth can be found in southern Canada (Ontario), New Brunswick, Nova Scotia and British Columbia. It is known to weaken trees and the caterpillar form live in trees and during most outbreaks its caterpillar feces would fall from the trees to the ground or even on top of humans. The average Gypsy Caterpillar can grow 5-6 centimeters long. With five pairs of blue spots and six pairs of bright red dots on their back. The female moth are white and can fly on the other hand, the male moth are brown and can also fly. The female have a 5cm wing span but male have a 2.5cm wing span. The gypsy moth usually lives in open forests and other forests and take up at least 20% of the space. The Gypsy moth are about 4cm long, tan coloured and can be located on tree trunks, furniture, and buildings. (OFAH Invading Species Awareness Program, 2012)
Henry Ford’s development of the single and unchanging automobile model meant the possibility to concentrate upon a single cheap car for the masses. When The Ford Company began to make Model C for $900, Model F for a thousand, and Model B for two thousand, the profits began to drop more and more each year and progress was being made backwards. The Ford factory was taken control over by Henry who stopped the production of
The economy was dramatically booming during the 1920s which was a time of prosperity. The demand for new production was growing and as a result corporations, larger companies which could produce larger and quicker than factories, formed. These large companies exploited assembly lines which lead to
Ford began to falter and was passed into sales by Oldsmobile in 1927. Ford had to come. up with a new sales pitch in time to avert disaster. Later That same year, Ford began rolling the Model-A off of their. assembly lines. The automobile age had begun, and there.
In the 1920s the American agricultural complex embraced the new technologies being developed. The internal combustion engine brought about new tractors and more sophisticated combines and harvesters. These new machines made it possible for
The 1920's were a time where North America became modernized. Whether it was the music, the culture or the growth in technology, this time era is known to most people as the point where America advanced itself to become a world renowned country. An advancement that will be focused on is the Ford Model T. During this time owning a car was a symbol of wealth. Henry Ford, the creator of the Model T, made a system that revolutionized the automobile industry as we know it today. Henry Ford made it possible for people with an average income to own a motor vehicle by creating the assembly line and the theory of mass production. "The horse, which had been the chief means of land transportation for 3,500 years, had given way to the automobile, and the country's largest industry had been born." (Gordon)
In the 1920s, American Industries flourished under President Calvin Coolidge. Both Coolidge Herbert Hoover preferred governmental policies that kept taxes low and business profits high. They fit the pro-business essence of the 1920s perfectly. High tariffs helped American manufacturers, government management in business was decreasing, and wages were increasing. The automobile was the main support of the American economy from 1920-1970. It greatly transformed the American countryside and civilization. Some of the various changes included: Paved roads, traffic lights, motels, billboards, home design, gas stations, repair shops, shopping centers, freedom for rural families, independence for women and young people, and growing cities. By 1920, 80% of world’s vehicles were being driven in the U.S. This lead to Urban Sprawl- when cities spread in all directions. The American airline industry started carrying mail and eventual...
The 1920s exploded with fast paced and lively creativity and culture that influence the world, yet no invention affected American everyday life in the 20th century more than the automobile. The rapidly growing automobile industry led by Henry Ford and the Ford Motor Increased wages and lower cost vehicles made possible through mass production meant that cars became increasingly affordable, although 3 out of 4 cars were bought on installment plans. Company produced new and better models every year to supply the insatiable public demand( http://www.1920-30.com). With, automobiles it made it easier for people to go place to place, it also was affordable for the people to buy. The automobiles were easy to make because of the assembly line in that
In the 1920's, corporations started to take better care of their workers than they had in the past. Workers were paid higher wages and worked shorter hours. With more time and money on their hands, workers turned into consumers, which caused an increase in the production of consumer goods. One of the most popular consumer goods is the automobile. To keep up with the high demand, the automobile industry had to create a way to make a lot of cars in a short amount of time, at a low price.
After World War I, economy shot up causing historians to call the 1920s the second industrial revolution.' The economy of the 1920's was a key change as it brought about new mass production, mass consumption, and set the stage for the ever-looming Great Depression. The 1920's saw a great boom in mass production which allowed for cheaper prices of technology products. This decade was marked by an enormous expansion of consumer credit, where Americans were used to finance purchases of new products such as the growing popularity of cars and radios, which were created by the mass production. The automobile, movie, radio, and chemical industries skyrocketed during this decade-one of the most important was the automobile industry. As mass-produced automobiles were churned in by Henry Ford, about 1.9 million cars had been sold by the end of 1929. The economy of the automobile society had a great impact on not only business, but also society. Henry Ford, who had revolutionized the new workers day and the concept of mass-production, had indirectly affected how Americans lived and behaved. Cars promoted other markets to grow, such as steel, rubber, glass, and petroleum. It also promoted urban and suburban growth, where a new class of Americans was rising. Now, citizens could drive to new places, meet new people, act differently etc The speed with which the products of mass production diffused through America was astonishing: not just automobiles but also washing machines, refrigerators, electric irons, electric and gas stoves--a whole host of inventions and technologies that greatly transformed that part of economic life that takes place within the household. However, this changing and rising American economy cause called one major consequence. For one of the major consequences of mass production was the building-up of the stock of capital goods for within-the-home production. And this of course, was the biggest key change because it seemed like the rising stock market and industry of the 1920s would stay forever. This rising stock market led to the Great Depression a downward spiral of economic depression.
There are a wide variety of products that have been created over the course of the last decade that have influenced the way that we live our day to day lives. Another product that could greatly revolutionize the world we live in would be a lawn mower that mowed your lawn by itself. This product will have a very distinctive strategy in forming its target market, product strategy, distribution strategy, pricing strategy, promotional strategy, and lastly its competitive analysis.
As early as 1910 some Deere branches started selling the Big Four Model 30 from the Gas Traction Company of Minneapolis, Minnesota. That is part of the reason that they later decided to start manufacturing their own tractors. “In 1918 Deere bought the maker of Waterloo Boy tractors to enter the tractor business after the board debated whether to focus only on horse-drawn plows or invest in the manufacturing of gasoline-powered tractors” (Tombrink). The company quickly became a big competitor in the production of farm tractors and implements. As the company manufactured Waterloo Boy tractors they kept the name until 1923.
A major powerhouse that pushed the boundaries during the early 20th century—especially during the 1920s—was the United States. After coming out of World War I victorious and with relatively little losses, the United States’ post-war economy was the epitome of consumerism. As the cost of production continued to drop, items once thought of as a luxury, such as vehicles, became within the price range of everyday consumers. The trend began when Henry Ford created the assembly line and continued to pick up momentum as the century progressed.
In the early 1900’s, the first companies that would form the company as we know it today began to emerge. The first of these was the Olds Motor Vehicle Company (later Olds Motor Works, makers of the Oldsmobile) in 1897, followed by Cadillac Automobile Company in 1902 and Buick Motor Company in 1903.