STOCK TITAN

Caterpillar Celebrates First 100 years with a Commitment to the Future Workforce

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Positive)
Tags

Caterpillar (NYSE: CAT) marks its centennial celebration with a groundbreaking $100 million pledge over the next five years to prepare the future workforce. The investment aims to equip workers with essential skills needed in an era of rapid digital transformation.

According to The Future of Jobs Report 2025, the next five years will see the creation of 170 million new jobs requiring technology-driven skills including AI, automation, data analytics, and robotics maintenance. The initiative builds upon Caterpillar's existing programs such as ThinkBIG, STEM outreach, and the Global Dealer Technician Challenge.

As part of its centennial world tour, the company is organizing local celebrations globally. The Caterpillar Foundation will make charitable donations to local nonprofit organizations at each tour stop, reinforcing the company's commitment to community development and sustainability initiatives.

Caterpillar (NYSE: CAT) celebra il suo centenario con un'impegno innovativo di 100 milioni di dollari nei prossimi cinque anni per preparare la forza lavoro del futuro. L'investimento mira a fornire ai lavoratori le competenze essenziali necessarie in un'era di rapida trasformazione digitale.

Secondo il Rapporto sul Futuro dei Lavori 2025, nei prossimi cinque anni si prevede la creazione di 170 milioni di nuovi posti di lavoro che richiederanno competenze guidate dalla tecnologia, tra cui intelligenza artificiale, automazione, analisi dei dati e manutenzione della robotica. L'iniziativa si basa sui programmi esistenti di Caterpillar come ThinkBIG, le attività di outreach STEM e il Global Dealer Technician Challenge.

Come parte del suo tour mondiale per il centenario, l'azienda sta organizzando celebrazioni locali in tutto il mondo. La Caterpillar Foundation effettuerà donazioni a organizzazioni no-profit locali in ogni tappa del tour, rafforzando l'impegno dell'azienda per lo sviluppo della comunità e le iniziative di sostenibilità.

Caterpillar (NYSE: CAT) celebra su centenario con un compromiso innovador de 100 millones de dólares durante los próximos cinco años para preparar la fuerza laboral del futuro. La inversión tiene como objetivo dotar a los trabajadores de las habilidades esenciales necesarias en una era de rápida transformación digital.

Según el Informe sobre el Futuro de los Empleos 2025, en los próximos cinco años se crearán 170 millones de nuevos empleos que requerirán habilidades impulsadas por la tecnología, incluyendo inteligencia artificial, automatización, análisis de datos y mantenimiento de robótica. La iniciativa se basa en los programas existentes de Caterpillar como ThinkBIG, la divulgación de STEM y el Global Dealer Technician Challenge.

Como parte de su gira mundial por el centenario, la empresa está organizando celebraciones locales en todo el mundo. La Caterpillar Foundation realizará donaciones benéficas a organizaciones sin fines de lucro locales en cada parada de la gira, reforzando el compromiso de la empresa con el desarrollo comunitario y las iniciativas de sostenibilidad.

캐터필러 (NYSE: CAT)는 향후 5년 동안 1억 달러의 혁신적인 약속으로 100주년 기념 행사를 기념합니다. 이 투자는 빠른 디지털 변혁 시대에 필요한 필수 기술을 근로자에게 제공하는 것을 목표로 합니다.

2025년 일자리의 미래 보고서에 따르면, 향후 5년 동안 1억 7천만 개의 신규 일자리가 생성될 것이며, 이 일자리는 인공지능, 자동화, 데이터 분석 및 로봇 유지보수와 같은 기술 중심의 기술을 요구합니다. 이 이니셔티브는 캐터필러의 기존 프로그램인 ThinkBIG, STEM 아웃리치 및 글로벌 딜러 기술자 챌린지를 기반으로 합니다.

100주년 세계 투어의 일환으로, 이 회사는 전 세계적으로 지역 축제를 조직하고 있습니다. 캐터필러 재단은 각 투어 정거장에서 지역 비영리 단체에 자선 기부를 하여 지역 사회 개발 및 지속 가능성 이니셔티브에 대한 회사의 약속을 강화합니다.

Caterpillar (NYSE: CAT) célèbre son centenaire avec un engagement novateur de 100 millions de dollars au cours des cinq prochaines années pour préparer la main-d'œuvre de demain. Cet investissement vise à doter les travailleurs des compétences essentielles nécessaires à une époque de transformation numérique rapide.

Selon le Rapport sur l'avenir des emplois 2025, les cinq prochaines années verront la création de 170 millions de nouveaux emplois nécessitant des compétences axées sur la technologie, y compris l'IA, l'automatisation, l'analyse de données et la maintenance des robots. L'initiative s'appuie sur les programmes existants de Caterpillar tels que ThinkBIG, l'engagement STEM et le Global Dealer Technician Challenge.

Dans le cadre de sa tournée mondiale pour son centenaire, l'entreprise organise des célébrations locales dans le monde entier. La Caterpillar Foundation fera des dons caritatifs à des organisations à but non lucratif locales à chaque étape de la tournée, renforçant ainsi l'engagement de l'entreprise en faveur du développement communautaire et des initiatives de durabilité.

Caterpillar (NYSE: CAT) feiert sein 100-jähriges Bestehen mit einem wegweisenden 100 Millionen Dollar Versprechen für die nächsten fünf Jahre zur Vorbereitung der zukünftigen Arbeitskräfte. Die Investition zielt darauf ab, die Arbeiter mit den grundlegenden Fähigkeiten auszustatten, die in einer Ära der schnellen digitalen Transformation erforderlich sind.

Laut dem Bericht über die Zukunft der Arbeitsplätze 2025 werden in den nächsten fünf Jahren 170 Millionen neue Arbeitsplätze geschaffen, die technologiegestützte Fähigkeiten erfordern, einschließlich KI, Automatisierung, Datenanalyse und Robotwartung. Die Initiative baut auf den bestehenden Programmen von Caterpillar auf, wie ThinkBIG, STEM-Engagement und der Global Dealer Technician Challenge.

Im Rahmen seiner weltweiten Centennial-Tour organisiert das Unternehmen lokale Feierlichkeiten auf der ganzen Welt. Die Caterpillar Foundation wird an jedem Tourstopp gemeinnützige Spenden an lokale Non-Profit-Organisationen leisten und damit das Engagement des Unternehmens für die Entwicklung der Gemeinschaft und Nachhaltigkeitsinitiativen stärken.

Positive
  • None.
Negative
  • None.

Company Pledges $100 Million to Help Equip Tomorrow's Innovators

IRVING, Texas, April 14, 2025 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today announced an investment to support a key source of its success and longevity for the next 100 years: people. As part of the celebration, the company pledged $100 million over the next five years to help equip the workforce of the future with the skills needed, leveraging technology to meet global market demands as the world undergoes a rapid digital transformation.

"We are excited to celebrate Caterpillar's centennial with this investment that will empower the workforce of tomorrow," said Caterpillar Chairman and CEO Jim Umpleby. "This pledge reinforces our commitment to building a world where technology and human creativity can work hand in hand to create a more resilient workforce. Together, by empowering individuals with the skills and resources they need to thrive, we can make that world our reality."

According to The Future of Jobs Report 2025, in the next five years, the skillsets needed for success in the global labor market are expected to evolve drastically. This transformation will result in the creation of 170 million new jobs. These technology-driven skills can include those for artificial intelligence (AI), automation, data analytics, digital twins, Internet of Things (IoT), machine language, augmented reality, computer-aid design and modeling, and robotics maintenance, alongside soft skills.

"As an industry leader, Caterpillar understands the urgency of preparing the next generation with the capabilities required for the jobs of tomorrow," said Jaime Mineart, chief technology officer at Caterpillar, and pledge executive sponsor. "This pledge, our first of its kind, reflects our dedication to collaborating with our global stakeholders to devise the best training solutions."

The pledge builds upon Caterpillar's ongoing work to help close the growing skills gap in the manufacturing industry, including:

  • ThinkBIG, a two-year program that pays students while they train to become technicians.
  • The company's STEM outreach programs that expose K-12 students to different careers in manufacturing.
  • Caterpillar's Global Dealer Technician Challenge - an initiative showcasing how skilled technicians are part of a high-tech, high-impact, high-demand career. The competition was designed to raise awareness of the opportunities in the technician career field.

Throughout 2025, Caterpillar will be engaging in bringing key actors together on forward-looking solutions and building on what we have already achieved in preparing the workforce of the future. To learn more about the program's progress, visit caterpillar.com.

Centennial Celebrations
This year, Caterpillar is reflecting on its rich past and promising future at local celebrations across the world as part of a centennial world tour. In addition to Caterpillar's $100 million pledge, the Caterpillar Foundation, Caterpillar's philanthropic organization, is making charitable donations to local nonprofit organizations at each tour stop, building on the Foundation's legacy of impact through community development and sustainability initiatives.

"Whether it is Caterpillar investing in the future of work, or Caterpillar employees volunteering, the company's culture has always been about supporting communities where its employees live and work," said Asha Varghese, head of corporate social responsibility at Caterpillar. "This ongoing commitment to serving communities helps create an environment in which everyone can thrive." 

For more information about Caterpillar's centennial, please visit caterpillar.com/100. 

View the multimedia release here: https://www.multivu.com/caterpillar/9327651-en-caterpillar-reaches-100-year-milestone 

About Caterpillar
With 2024 sales and revenues of $64.8 billion, Caterpillar Inc. is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For 100 years, we've been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed. Caterpillar does business on every continent, principally operating through three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and providing financing and related services through our Financial Products segment. Visit us at caterpillar.com or join the conversation on our social media channels at caterpillar.com/en/news/social-media.html.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/caterpillar-celebrates-first-100-years-with-a-commitment-to-the-future-workforce-302427618.html

SOURCE Caterpillar Inc.

FAQ

How much is Caterpillar (CAT) investing in future workforce development?

Caterpillar is investing $100 million over the next five years to help equip the future workforce with necessary technological and digital skills.

What specific programs does CAT offer for workforce development?

CAT offers ThinkBIG (a paid two-year technician training program), K-12 STEM outreach programs, and the Global Dealer Technician Challenge.

How many new jobs are expected to be created according to the Future of Jobs Report 2025?

The report projects the creation of 170 million new jobs requiring technology-driven skills in the next five years.

What skills is CAT focusing on developing through its $100 million investment?

CAT is focusing on AI, automation, data analytics, digital twins, IoT, machine language, augmented reality, computer-aid design, robotics maintenance, and soft skills.

How is Caterpillar (CAT) celebrating its 100-year anniversary?

CAT is conducting a centennial world tour with local celebrations and charitable donations through the Caterpillar Foundation at each tour stop.
Caterpillar

NYSE:CAT

CAT Rankings

CAT Latest News

CAT Stock Data

143.54B
476.73M
0.24%
72.59%
2.11%
Farm & Heavy Construction Machinery
Construction Machinery & Equip
Link
United States
IRVING