Cat and John Deere Executive Summary Essay

2275 Words Oct 12th, 2012 10 Pages
CATERPILLAR, INC.
AND JOHN DEERE

CATERPILLAR, INC.
AND JOHN DEERE



TABLE OF CONTENTS:
* EXECUTIVE SUMMARY
* BUSINESS OVERVIEW
* FINANCIAL ANALYSIS
* FINANCIAL OUTLOOK
* CLOSING
* REFERENCES

EXECUTIVE SUMMARY:
While the economic downturn slowed business activities worldwide in 2009, Caterpillar Inc. and John Deere continued to deliver strong financial results in 2010. Caterpillar and John Deere stayed true to their mission and vision and business strategies to achieve solid results as they go through 2010. Sales, profit margin, and earnings per share have increased for both Caterpillar and John Deere in 2010.
Both companies operate with excellence, execute with a focus on customer satisfaction,
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Cat Insurance provides various forms of insurance to customers and dealers to help support the purchase and lease of the Company’s equipment. Its wholly owned subsidiaries include Caterpillar Insurance Company, which has the license to conduct property and casualty insurance business in 49 states and the District of Columbia; Caterpillar Life Insurance Company, which has the license to conduct life and accident and health insurance business in 26 states and the District of Columbia; Caterpillar Insurance Co. Ltd., which is a captive insurance company; Caterpillar Product Services Corporation, which is a warranty company, and Caterpillar Insurance Services Corporation, which is an insurance brokerage company providing brokerage services for all property and casualty and life and health lines of business.
Deere & Company, together with its subsidiaries (John Deere), incorporated in 1958, operates in three business segments: agriculture and turf segment, construction and forestry segment, and credit segment. The agriculture and turf segment, created by combining the former agricultural equipment and commercial and consumer equipment segments, manufactures and distributes a range of farm and turf equipment, and related service parts. The construction and forestry segment manufactures, distributes to dealers and sells at retail a range of machines and service parts used in construction, earthmoving, material…

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