CATERPILLAR has marked its centenary celebrations by pledging to invest $100 million over the next five years to help equip the workforce of the future with the required skills.
The manufacturer revealed it will leverage technology to meet global 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.”
Throughout 2025, Caterpillar added it will be engaging in bringing key actors together on ‘forward-looking’ solutions and building on what has already been achieved in preparing the workforce of the future.
This year, Caterpillar is reflecting on its past and promising future at local celebrations across the world as part of a centennial world tour. In addition to the $100 million pledge, the Caterpillar Foundation, Caterpillar’s philanthropic organisation, is making charitable donations to non-profit organisations at each tour stop.
“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.”
