Caterpillar Inc.

Caterpillar Inc., simply known as CAT, is an American construction, mining and other engineering equipment manufacturer. The company is the world's largest manufacturer of construction equipment. https://web.archive.org/web/20100309085051/http://money.cnn.com/magazines/fortune/fortune500/2009/snapshots/81.html 
==History==
The company traces its roots to the steam tractor machines manufactured by the Holt Manufacturing Company in 1890. The steam tractors of the 1890's and early 1900's, were extremely heavy, sometimes weighing 1,000 pounds per horsepower. https://www.caterpillar.com/en/company/history/history-timeline.html 
Benjamin Holt attempted to fix the problem by increasing the size and width of the wheels up to 7.5 feet tall and 6 feet wide, producing a tractor 46 feet wide, but this also made the tractors increasingly complex, expensive, and difficult to maintain. https://www.amazon.com/Side-Lake-City-Mennonite-Sawmill-ebook/dp/B08Q7MGQXT Pg. 117 
C. L. Best Gas Tractor Company, formed by Clarence Leo Best in 1910, had during the war received government support, enabling it to supply farmers with the smaller agricultural tractors they needed. As a result, Best had gained a considerable market advantage over Holt by war's end. Best also assumed considerable debt to allow it to continue expansion, especially the production of its new Best Model 60 "Tracklayer". https://web.archive.org/web/20070804223846/http://ohe.cat.com/cda/layout?m=85360&x=7
The banks and bankers who held the company's large debt forced the Holt board of directors to accept their candidate, Thomas A. Baxter, to succeed Benjamin Holt. Baxter initially cut the large tractors from the company's product line and introduced smaller models focused on the agricultural market. When the Federal Aid Highway Act of 1921, funded a US$1 billion federal highway building program, Baxter began refocusing the company towards building road-construction equipment. https://books.google.com/books?id=a_HbnkbSVhoC&q=holt+model+120+tractor&pg=PA60 
Between 1907 and 1918, Best and Holt had spent about US$1.5 million in legal fees fighting each other in a number of contractual, trademark, and patent infringement lawsuits. https://web.archive.org/web/20110719235829/https://www.acmoc.org/index.php?option=com_content&task=view&id=14&Itemid=35&limit=1&limitstart=6 Harry H. Fair and Fair & Company had helped to finance C. L. Best's debt and Holt shareholders approached him about their company's financial difficulty. Fair recommended that the two companies should merge. 
In April and May 1925, the financially stronger C. L. Best merged with the market leader Holt Caterpillar to form the Caterpillar Tractor Co. http://www.tractordata.com/farm-tractors/tractor-brands/best/best-tractors.html 
==Channel==
The Caterpillar Inc. channel was created on February 11, 2014. Their first video was uploaded on February 27, 2014. 
==References==
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