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Founders of Caterpillar Inc.


In the late 1890s and early 1900s, competitors Daniel Best and Benjamin Holt individually experimented with ways to improve the traction of steam tractors used in farming California's Central Valley.
In April and May 1925, the financially stronger C. L. Best merged with the market leader Holt Caterpillar to form the Caterpillar Tractor Co.