Caterpillar - The Most Underrated Background Company

[@fix0the0spade]

Caterpillar is the very manifestation of, "Don't dig for the gold, sell the shovels,"

[@LogicallyAnswered]

Hahaha true

[@rocketPower047]

And the king of don't try and maintain your own shovel without us or we will brick it and sue you.

[@MrMadvillan]

somehow this gets used for every successful company. it’s just relative. nvidia sells shovels to AI companies, microsoft sells shovels to software developers, amazon sells shovels to retailers. it’s the most tired overused anecdote on youtube.

[@fix0the0spade]

@@MrMadvillan Except Caterpillar makes actual shovels.

[@TheWizardGamez]

@@MrMadvillanit’s true. Not to say that selling shovels during a gold rush means long term profit. But that it does mean you don’t have to go digging yourself.

[@paran0ia7]

As a casual admirer of construction equipment, something I really love about Caterpillar is the "readability" of all their machines; no matter the scale. When you see one you immediately understand what it does and how it likely works, and the implementation of new tech is reserved and thoughtful enough that nearly anyone can learn most of the intricacies of their operation just by blindly playing with the controls for a bit.

[@phoenixzappa7366]

A casual admirer of construction equipment 😂. Seek help!! 🏗️ 🚧

[@NONO-hz4vo]

The ease of use of their controls is huge. You can take almost anyone and put them in one of their machines and it doesn't take long to be able to operate it at a very usable level. After a year in one you will find most operators are incredibly efficient in them. If you want to go down a rabbit hole on KZbin just search for amazing construction equipment operators.

[@pancake5830]

@@phoenixzappa7366 nah i get what he means, i love big machinery!!! its so cool to look at them move and think about how we graduated from sticks and rocks to giant 30 ton metal earthmovers

[@niks.7299]

I just can't unsee cat dozers after I learnt to operate one myself, it's simply not possible

[@phoenixzappa7366]

@@pancake5830 I heard that you like big machinery. That's what the word on the street is

[@tonytins]

I'm actually very familiar with the company only because I played with their toys as a kid.

[@bm1588]

I remember when I was a kid, and I saw a scrape on the pavement left by an excavator. I looked down and asked what happened and my friend said it was a cat. I thought he was talking about a regular cat so I was like no it wasn’t! a cat couldn’t do that! Lol he kept the joke going for a while till he explained cat was short for caterpillar.

[@henry_dozer123]

ur not familiar with it if u only played with their toys mate

[@tonytins]

@@henry_dozer123 Familiar in the sense that I'm aware of the company and their purpose.

[@Midwest_Gaming_Express]

i am also familliar just more in the sence that i could work on them and drive them even at a very young age

[@RyansVideoGames]

@@henry_dozer123 I play with the toys that have big diesel engines lol.

[@gatsby66]

No one's ever been fired for buying Caterpillar.

[@tafsirnahian669]

Unless your boss is Chinese

[@SpheroJr3289]

well unless you decide to buy one of their engines 😅

[@cellokid5104]

I guess you'd be if you work in an office company

[@bmad1386]

​@@tafsirnahian669 even the Chinese would prefer caterpillar or volvo machines if the budget allows 😂

[@berndkemmereit8252]

The reason why no one comes close or is trying to get into the market is experience and quality. These machines cost millions, as a buyer I would always spend the million on a brand with a proven track record in quality and durability.

[@TheBooban]

Not sure “no one”. Overseas I see 90% foreign names like Komatsu.

[@huntermad5668]

Only competitor is Komatsu, other names are just light weight.

[@gusbilly]

Look out for the Chinese companies

[@Drakelett]

This is fairly US-centric. Komatsu is definitely popular in Asian countries. JCB in the UK. Cat are still the largest by revenue though.

[@berndkemmereit8252]

@@gusbilly I like your sense of humor

[@serioserkanalname499]

Mastercards margin will never not make me chuckle. They literally just sit there, do next to nothing and get money lmao.

[@ronblack7870]

they pay out alot for fraud

[@MehmetMehmet-y8c]

Capitalism doesn't exist where monopoly does

[@RecklessKiddies]

Interest is crazy, and the miles “rewards” is basically them creating their own money and charging people for the privilege. Which is why they do “3 pts / $1” or whatevr, ur trading real cash for pts.

[@user-fj3gt2rj4e]

​@Reckless_Kiddies no, your trading real cash for real goods + real flights to real places.

[@chrisc5991]

​@RecklessKiddies mastercard and visa are just processing transactions, not selling credit cards

[@Papasot]

My grandpa has a cat phone, he is a farmer and he says it's more durable than a brick. His machinery is made by cat and his radio is also made by cat

[@LogicallyAnswered]

Make sense

[@adarshchoudhary1900]

Meow

[@muratselimkahraman6707]

Miyav

[@jomanjoman3643]

To bad they don't make any new ones anymore

[@Mr.Calm.]

​@@jomanjoman3643they do make new phones, my s75 is from 2023. I also buy my socks from cat 😆

[@michaelcoyne3700]

Often said that the only companies America would go to war over is John Deere and Caterpillar.

[@miltonfridman1239]

John Deere now screwing over farmers, that leaves CAT!

[@tctarheelfarmin358]

Don't forget the oil and fruit companies america has gone to war far many times

[@OmarSoubhieh]

They are very successful because they have really good shoes, hats, & clothing that makes more than 0.00000000001% of their revenue

[@jacobrogers2214]

My family has owned construction companies and worked in construction for 40 years. A job has incredible amounts of opportunity cost. You need equipment that will not break down and that will be able to perform the work that needs to happen. On a $40 million bridge job paying a little extra to have yellow equipment is not a problem. Cat does not fail.

[@KnightDaylight]

Apple: “We connected the world!” Cat: “We dug, cultivated, harvested, and Built it.”

[@Avaricumstudios]

Here in Kenya we basically call every excavators caterpillars

[@Camcentral4532]

In Nigeria too.

[@joshuagathere654]

Real talk.

[@unwantedwolf8310]

In india we call every machine JCB😂

[@corneliouscook6062]

@@unwantedwolf8310 oh fuck is JCB the most common there?

[@unwantedwolf8310]

@@corneliouscook6062 yes and also jcb have been here for forever cat is a recent case

[@martyryan1000]

Looking online, caterpillar is 16% of heavy equipment market and komatsu is second with around 10%

[@ronblack7870]

worldwide or just usa?

[@martyryan1000]

​@@ronblack7870worldwide, the video didnt say only the USA

[@pancake5830]

yeah that statistic really confused me because i see a lot of komatsu/hitachi/liebherr/etc as well, must be a usa thing

[@2x2is22]

That's a very interesting. Not every market needs to be owned by some sort of mega monopoly like tech

[@mannyathabang1315]

I was really surprised that he never mentioned Komatsu, must be US thing I didn't even know there's a company called Deere and CO

[@MrFoxxRaven]

I had a CAT phone with a thermal imager for work once. It was super cool. Had a really good FLIR system. I could chase my cats in the garden at night 😂😂

[@alejandroromero7280]

I work as a CAT engineer, this video was great to see!

[@LucasAllanAlmeida]

Nice change of pace! I love the Caterpillar brand after having worked at a logistics company a few years ago that would deal with Caterpillar parts which were very well documented. Thanks Hari!

[@bm1588]

I remember when I was a kid, and I saw a scrape on the pavement left by an excavator. I looked down and asked what happened and my friend said it was a cat. I thought he was talking about a regular cat so I was like no it wasn’t! a cat couldn’t do that! Lol he kept the joke going for a while till he explained cat was short for caterpillar.

[@montey1017]

I repaired wellhead generators for years. Lots of caterpillar 3500's in the oilfields, running 24/7 365.

[@jamescaliendo1030]

Amazing powerplants, along with the C175

[@MrMagnaFarce]

I've got one of the rugged Cat flip phones (could probably drop that thing off a roof onto concrete and it would be fine) and wear their pants and boots everyday at work. In general their stuff is surprisingly good quality for the price.

[@timf8453]

I'd say komatsu is a much more underrated company. Legit EVERYONE loves Cat

[@AK4SHGaming]

That's a cheap Chinese copycat more like

[@timf8453]

@@AK4SHGaming Its Japanese, and its actually an older company than Cat, 1921 vs 1925. Do you call Toyota or Honda a cheap Chinese copycat just cause they aren't in America and make a similar product to Ford or GM?

[@alphinerollei35mig28]

​@@timf8453Caterpillar made these products since they establish their company. Not to mention that they are founded from 2 successful company name HOLT and BEST, the company that established in early 1900s. The legacy of the Caterpillar are more far greater then Komatsu. Cat make a dozer, tracxcavator, wheeled-loader. All these things Caterpillar made its by own technology while some of Komatsu products are licensed built from International, especially thier wheel loader. Komatsu are great machines, but about brand legacy Caterpillar always the winners.

[@Constantineopulos]

@@timf8453Japanese quality >>>>> Chinese quality. Komatsu is a solid name.

[@JO-ih7uc]

@@timf8453 To be fair, Toyota's are more American than Ford or GM

[@Mah-LonCreativity]

I work in construction. I see CAT everywhere. Just normal for me after all these years.

[@JonatasAdoM]

Caterpillar is also famous worldwide because no one has a negative opinion about them. The majority of the population is not a client of them, different of big tech. So they are known without any of the cons that comes with it. I did not know they were the ones behind the famous construction color thought. It is indeed the color that is associated with them.

[@GreySamson]

Nice! Interesting video and for once not a downfall-of--video 👍

[@yugeswarreddy4008]

I always wanted someone to make a video on caterpillar , finally someone did it 😛

[@icemanluke1]

This is great!! Please do more videos like this! Don't get my wrong the techy stuff is cool and all but this is awesome maybe do one on the Honeywell company or Johnson controls group, building automation controls, industrial systems

[@AskTorin]

This was good. To the point and easy to understand. Nice.

[@Fanaro]

The biggest industrial giant is the one selling the shovels literally, not digging themselves. Oh, the irony.

[@andrewreynolds912]

I loved construction as a kid still do but im more of a military sci fi guy but caterpillar makes some good quality machinery

[@Thebettermartyr]

SCI? You talking about sensitive compartmentalized information? If so it’s a very bad idea to put that on the Internet.

[@andrewreynolds912]

​​@@Thebettermartyr wtf are you talki'ng about I'm saying science fiction idi*t

[@andrewreynolds912]

​@@Thebettermartyr your dumb bro just no man just no

[@kaysmith7028]

science fiction dweeb

[@iampiyushsingh7544]

You are 🐐 of business case study youtube

[@ksl4044]

i work for one of the largest civil and mine construction companies in my region, we run anywhere from 450-600 pieces of equipment at any given time depending on rentals and how many sites we have open, and apart from things that caterpillar does not make, every single piece of equipment on every single site if its owned by us, its a caterpillar. at end of the day for us its a matter of they have the best service infrastructure available, having sites all around western canada its imperative that when something breaks if we cant fix it ourselves, a finning service truck can be on its way. and no other company will strip a 10 year old 70 ton bulldozer with 40 thousand hours to nuts and bolts to completely rebuild it for less than half the cost of buying a new one, and of course cat makes phenomenal equipment in most segments

[@jesusserrano8769]

i lived around caterpillar brand all my life, my dad is an civil engineer and im and architect, since i was young i had Caterpillar toys, and my dad had hats and stuff, he always took me on saturdays to the office in site where i saw all the machines

[@anush_agrawal]

I knew about caterpillar's dominance but didn't knew about the phone thing. Turns out kodak also have a phone. ZPMC is also backgroup company with a 75% market share in container cranes.

[@HanzDeez]

Their work boots are amazing.

[@JonatasAdoM]

I did not know Cat stood for Caterpillar! I thought the video could be about their secret competitor before clicking.

[@endoetz]

Cat phone Highway Yellow learned a lot from your channel 🙏

[@chuckwiller1638]

Cat makes strong and reliable equipment. Not mentioned is anything about their dealer network. Also, no mention about the company's roots in Peoria Illinois, the labor force it draws from and the UAW.

[@Orillians]

Very nice transitions tbh this time!

[@learntonganwithandrew]

tbh? Why would you lie?

[@idontknowmyname8984]

Your channel is so underrated I don't know why you deserve more subscribers 🎉❤ All the best 👍 great content 👏

[@gatsby66]

I love those gigantic mining dump trucks.

[@roar]

I always thought the company name was Cat, Caterpillar shook me

[@abdulahadameen1966]

Please make video on USA healthcare system and their health companies like HCA healthcare. HCA healthcare shows their net profit is 6 percent. How can hospital business have so thin margins. Also make videos on have these companies save taxes as in software market there are high margins like 70,80,90 percent but companies like google only show 25-30 percent of profit margin so how they show so much less income.

[@LogicallyAnswered]

Thanks for the suggestion man! I have a video about United health group :)

[@Thebettermartyr]

@@LogicallyAnswered yeah man that would be an interesting idea

[@TheBooban]

@@LogicallyAnsweredI request a video of a stock I can buy and not already at an all time high.

[@fix0the0spade]

The same way US movie studios constantly lose money. The always owe billions to license and patent holders in (insert Tax Haven here) that constantly increase to match their income. Create a shell company, constantly be in debt to it, no profits, no taxes, money gets funnelled out of the US and out of the IRS' jurisdiction.

[@abdulahadameen1966]

​​@@LogicallyAnsweredi am following your Chanel from long time and sawn the video of united healthcare. Love your videos they are very much informative and I love to learn about different types of business in the world. Will be waiting for the videos that I have suggested above. And again in the end love your videos

[@phoenix5054]

I got a CAT branded steel toe shoe years ago. I loved it.

[@mizutani_]

Fun fact, it was the guy who gave Caterpilla its iconic yellow colour who was also later hired by Porsche to help them make more profit. He told them to keep the 911 line and also pushed for the 959 to be made

[@pureskies993]

they have a facility in a town 30 mins from mine. Lots of excavators there, really cool to look at when i pass by

[@zoorped]

I found out how big cat was when I was young. One of my child hood friends 4 years old had went to work for CAT right out of high school. Was mind blown.

[@darrensmith6999]

I have CAT phone ,boots trainers, socks , watch etc love their products all good quality

[@TheTeaParty320]

Chief, another great video.

[@alancaro526]

Crazy to think that outrageous prices back then are still outrageous prices today

[@backatitagain4649]

As someone who works for Caterpillar as an EM Tech, there is a massive controversy over Israel. CAT produces unique Bulldozers/Excavators/Bucket loaders for the IDF and only the IDF, the “Doobi” being the most known bulldozer produced for Israel.

[@MrErdem95]

You missed the part where CAT was the main architect behind the Plaza deal with Japan. Cat was having hard time competing with Japanese firms after Japanese devalued their currency too much. After plaza accords Japanese economy was destroyed. So their perhaps the only controversy is one of the biggest has ever done.

[@dominiklukacs7677]

"They only have to be built once and they can be scaled to infinity" The one sentence you need to say to tell everyone you know nothing about Tech

[@axaymalaviya1384]

Good session

[@stevenr.rodriguez9997]

Always had major respect for CAT. They just work.

[@danielosawaru9045]

Woah, i never knew they where that big!

[@ChineseKiwi]

Another great related thing to look into is how some so-called 'defensive' and 'boring, background' stocks are going BRRRRRRR as of late (e.g. Alcoa). LOL at investing in NVIDIA or shitcoins.

[@akshayuppala9295]

Now, caterpillar will show this video to their freshers for job orientation.😂😂😂

[@AS-ds4in]

thanks

[@h.a.6790]

The funny thing about watching this, just yesterday I stumbled across the caterpillar yellow spray and thought wtf was that about. I think Rolls Royce does the same thing with color pallets when painting your car.

[@jamescaliendo1030]

Yes Cat has copyrighted their infamous yellow paint

[@spicemasterii6775]

Stockton, CA There's a freeway exit on I-5 with his name.

[@ronblack7870]

till they name it after some " brave trans rights fighter"

[@openmike4559]

209. Benjamin holt. Good knowledge my man.

[@reivelt3715]

Worked with them everyday. Their 777 and 395 are the work horse of where i work

[@thechronic555]

I used to work for a company that made the radiators for cat bulldozers D12 giant things like 10 ft long 12 ft wide jobs and they had the highest standards of all of our customers higher than John Deere but if we didn't make it perfect they were sending it back every time.

[@jamescaliendo1030]

D11...No such thing as a D12.....yet

[@maxscott3349]

CATs not underrated, everyone knows they make the best stuff

[@NotShowingOff]

When I think machinery, I think John Deere or Hitachi. So maybe a little bit

[@JakeSoulFreeTravels]

They USED to make the best stuff...

[@maxscott3349]

@@JakeSoulFreeTravels Well is someone else better yet?

[@JakeSoulFreeTravels]

@@maxscott3349 Yes, depends on which machine, but many other companies are better now.

[@The_Superior_Self]

I got tired of my phones breaking from rough handling them. I've been owning this cat phone for about 3 years now. Thrown, dropped, submerged in oil, caked in dust doesn't care. Batterie lasts for 3 days straight. Costs less then your normie fancy phone. It's a brick and I love it.

[@PancakeNL]

I have Cat socks. They’re durable and comfortable.

[@asishmadeti6288]

Google Right to Repair and probably Caterpillar is on the top of the list in the context of major controversy

[@the_helion3338]

As an engineering student, someday I hope to be able to work for them!

[@joshclark1067]

People either forget or don’t know about Caterpillars oil and gas engines. There’s so many 3500s and 3600s running 24/7/365 to get petroleum and natural gas to us

[@HappyPandaBear73]

Love Caterpillar!👍🙂

[@Thumper68]

High track dozers are the shit.

[@Thumper68]

Because the tracks crawl over everything like a caterpillar.

[@mebtuberhanu]

Please consider posting a video about extinct companies such as scania and cacciamali

[@dbclass4075]

Scania is still doing well with their trucks. Competes heavily with Volvo.

[@lucasgoldner2625]

I had a CAT B15Q phone back in 2013, that thing was immortal, had to retire it in 2017 because i accidentally drop from a roof directly on cocrete and smashed the screen.

[@arvinwitara6266]

without them heavy-duty machineries, those big tech companies wouldn't even be built

[@adampetten1009]

cat is huge in mining, i had forgotten they bought out bucyrus (pronounced wrong in the video) Komatsu is quicly catching up to Cat and Deere.

[@Midwest_Gaming_Express]

there is definently some foggy spots on where cat started mainly in the sence of weather the fella started out with modifying tracktors and fitting tracks or this but either way a great company and little bit is that cat branched out as a conpany named challenger unfortunatly challenger has closed its doors though

[@raiyaan.abdullah]

You should make a video about Upwork and how they have become more and more greedy over the years.

[@DK-ox7ze]

Have you started a Hindi channel as well?

[@bmad1386]

Their diesel engines are among the most legendary American engines ever.

[@DeathValleyDazed]

Hauri makes Caterpillar cool!

[@HMKfilms360]

I buy their hats, they usually fit.

[@pankajkatara5984]

Revux enthusiasts, united in the pursuit of success!

[@CharlieMikeNS]

0:50 - Komatsu isn't even on the list, which tells me something is wrong with your list. In mining and construction Komatsu is nearly as ubiquitous as CAT.

[@user-kr1or1hm4v]

Well they are so popular in my country that any digger is called caterpillar

[@tombischopink3343]

Göthe sagte schon zu Schiller: Bei Erdbewegung: Caterpillar!!!

[@eliamwhite66]

Caterpillar is also into tech, albiet the unseen side they Own Trimble and its children orgs, mainly working in GPS technologies for construction equipment but they also make the GPS systems found in missiles and have a vast GPS network

[@Meyer-gp7nq]

Went to a CAT factory today with work (hvac service). I’m too autistic to work at a factory like that, I’d be like “ooh tractors”

[@Colololp]

Sound like i should work for cat😂

[@kaloyanstefanov2388]

What about Liebherr?

[@jamescaliendo1030]

I'm in the crane industry here in NYC. All we use are Liebherr cranes. They're amazing and rarely break down

[@boiwak2561]

As a union operator, cat is the best. They set the industry standard for the rest to follow. Or least they can try

[@Maldito_Murilito]

I used to have a caterpillar phone best one i ever had served me well for 3 years sadly the processor broke and i had to replace it

[@cameronvincent]

DE>

[@jamesjdog]

2 Words, Combat Bulldozer's .

[@johannessamuelsson6578]

I haven't seen a single Deere loader or excavator, I don't even think Deere sells construction equipment in Sweden. It's mostly CAT and Volvo here. I've seen CAT excavators at a new school being built, Iv'e also seen a Doosan excavator doing utilities and some Volvo equipment in an earthmoving project.

[@michaelklim8277]

I'm sure a big contributor to their success is how many big machines built by other companies are powered by Cat engines. Look up any big machine you can think of and a good chunk of them will have a Cat engine under the hood.

[@12345Kainan]

Please makea video on how hostile economies could give up their hatred and combine their economy. For example what would have happened if India was never partitioned. How would the economy have evolved then.

[@tallbrian100]

Cat is moving into leasing their equipment.

[@85therealdeal]

My retirement fund doesn't invest into Caterpillar stock because it's "unethical".

[@rocketPower047]

They are huge antagonists against right to repair

[@laneromel5667]

There was a time when Cat was ubiquitous in the diesel engine, and construction equipment. Now is more like Boeing, an also ran. Used to be a great company, then the MBA's destroyed the company.

[@kinocorner976]

Caterpillar is the definition of capitalism done right. They make excellent equipment, they’re an American company that has stayed mostly American. They obviously make equipment around the world. But for the main part, good company that knows what their goal is.

[@TheWeeky]

CAT socks also go super hard