Word: caterpillar
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Pleasant Thoughts. International Business Machines Corp.'s spry old President Thomas J. Watson, whose favorite motto is "Think!", gave his stockholders something pleasant to think about: a 16% gain in profits, to $7.8 million. Caterpillar Tractor Co., cashing in on long-deferred roadbuilding, bulldozed its own net from $2.9 million to $4.7 million-a gain...
...rockets have yet been used by the Caterpillar Tractor Co. of East Peoria, Ill., which often sounds like the "Earthworm City" of Author Upson's stories (he worked there as a mechanic). But last week "Cat" was ready to bring out something almost as powerful. It was a new model diesel engine, the biggest (12 cylinders), most powerful (500 h.p.), and costliest ($14,000) Cat had ever made...
...Stockton, Calif. Some of the farms around Stockton were marshy, and Holt spent years trying to build a tractor that wouldn't bog down in them. He designed one that would move on a track and pick it up and lay it down as it went-the first Caterpillar. As demand for the new-fangled invention spread east, Holt opened a branch plant in East Peoria. That became the main plant after the Holt Manufacturing Co. merged with its biggest competitor in 1925 and became Caterpillar Tractor...
...working model is a low-slung, 25-ft.-long, electric-motored contraption which travels on caterpillar tracks. It has two horizontal rows of rotary steel drills which chew out the coal and sweep it on to a conveyor, which carries it over the tail of the machine into mine cars...
...airplanes fly faster & faster, bailing out gets harder & harder. The airstream, pouring past the plane at 500 m.p.h., smacks the would-be "caterpillar" with the force of a padded pile driver. If he survives this blow, he runs the risk of being slammed against the tail surfaces...