C

Caterpillar

Produces heavy construction and mining equipment

Electrical Engineering Intern - Month Placement Scheme

InternshipUpdated on 9/25/2026Deadline 10/18/26
£26k/yr+ Share Scheme
Bachelor's
Wimborne Minster, Wimborne, UK
In Person

About the job

Requirements
  • Applicants must be on target to achieve a minimum 2:1 honours degree level in Electrical & Electronics Engineering.
  • Applicants must be in their penultimate year of study unless enrolled in an integrated master's program.
  • Applicants must demonstrate communication and presentation skills.
  • Applicants must be able to solve technical problems, learn quickly, and work collaboratively.
  • Applicants must be willing to work in accordance with company policies and procedures.
Responsibilities
  • Design marine generator control systems and associated equipment.
  • Develop wiring schematics and harness designs.
  • Perform technical calculations.
  • Review component and subsystem suppliers.
  • Liaise with shop floor personnel on the assembly and manufacture of products.
  • Focus on electrical system and control systems development for marine engines and generator sets.
  • Take responsibility and accountability for key project deliverables.

About the company

Caterpillar designs and manufactures heavy machinery and engines for construction, mining, energy, and rail projects. It sells heavy equipment, engines, parts, and services worldwide, and also provides financing options and aftermarket maintenance and repair. The company differentiates itself through its global scale, integrated sales-partssupport-financing ecosystem, and a large maintenance network that keeps customers’ fleets running. Its goal is to help customers complete large-scale projects safely, efficiently, and sustainably, while supporting communities and environmental responsibility through initiatives like the Caterpillar Foundation.

Company Size

10,001+

Company Stage

IPO

Headquarters

Irving, Texas

Founded

1925

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Simplify's Take

What believers are saying

  • August 4, 2026 Q2 sales rose 24% to $20.5 billion on power demand.
  • September 30, 2026 North Carolina plan adds compact capacity for telehandlers and loaders.
  • Backlog hit $72 billion in Q2 2026, giving multiyear revenue visibility into 2030.

What critics are saying

  • Data-center power orders extend into 2030; demand reversal strands Sanford and turbine capex.
  • Caterpillar trades above historical multiples; August 2026 valuation leaves no room for slowdown.
  • Fabick integration and regulatory approval consume management attention while dealer relationships remain fragile.

What makes Caterpillar unique

  • September 2026 dealer acquisition deepens Caterpillar's service control across four Midwest states.
  • Cat autonomy at Luck Stone scaled from Bull Run to two Virginia quarries.
  • Cat Financial and parts aftermarket monetize installed fleets long after initial equipment sales.

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Benefits

Annual incentive bonus plan

Medical, dental, and vision coverage

Paid time off plan (Vacation, Holiday, Volunteer, Etc.)

401k savings plan

Health savings account (HSA)

Flexible spending accounts (FSAs)

Disability benefits

Life Insurance

Parental leave

Healthy Lifestyle Programs

Employee Assistance Programs

Voluntary Benefits and Employee Discounts

Tuition Reimbursement

Career Development

Growth & Insights and Company News

Headcount

6 month growth

↑ 2%

1 year growth

↑ 2%

2 year growth

↑ 2%
Yahoo Finance
Sep 30th, 2026
Bank of America backs Caterpillar as AI labs scramble for power with 283 MW order boost

Bank of America has maintained its buy rating and $989 price target for Caterpillar after the industrial equipment maker secured 283 megawatts in AI-backed orders. The company has become an unexpected beneficiary of the artificial intelligence boom, as data centres require massive amounts of electricity and power equipment. Caterpillar posted its first quarter above $20 billion in sales during Q2, up 24% to $20.5 billion. Power generation retail sales surged 72% on demand for large generator sets and turbines for data centres. The company's backlog reached $72 billion, with power and energy customers placing orders through 2030. The latest catalyst came from Atlas Energy Solutions, which announced agreements with an unnamed frontier AI lab for two data centres using Caterpillar equipment.

Yahoo Finance
Sep 30th, 2026
Caterpillar to invest $1B in North Carolina plant for compact construction equipment

Caterpillar announced plans to invest approximately $1 billion in a new manufacturing facility in Sanford, North Carolina, dedicated to producing compact track loaders and telehandlers. The expansion supports the company's Cat Compact strategy, targeting small contractors and growing businesses across construction, landscaping, agriculture, and material handling sectors. The facility will incorporate automation, robotics, and digital production systems. Caterpillar will not expand headcount but instead prepare its existing 2,000-person Sanford workforce for technologically advanced roles. Local officials approved incentives totalling up to $85.5 million. Lee County authorised tax rebates worth up to $46 million, whilst Sanford City Council approved $39.5 million. Full incentives require Caterpillar to meet the $1 billion investment threshold and maintain at least 1,950 positions averaging roughly $65,500 annually. Caterpillar reported 2025 sales of $67.6 billion.

PR Newswire
Sep 29th, 2026
Caterpillar to acquire 100-year-old Fabick Cat dealership across four US states

Caterpillar Inc. has entered into an agreement to acquire John Fabick Tractor Company, a Cat dealer with over 100 years of service across portions of Missouri, Illinois, Wisconsin, and Michigan's Upper Peninsula. The acquisition aims to support a seamless ownership transition whilst maintaining strong customer service. "Caterpillar and Cat dealers share a common mission of solving our customers' toughest challenges," said Joe Creed, Caterpillar chairman and CEO. Fabick operates 37 locations across its service territory. The transaction requires regulatory approval and is expected to close within 30 days. Caterpillar reported 2025 sales and revenues of $67.6 billion.

Yahoo Finance
Sep 24th, 2026
Caterpillar's $72B backlog surges on AI demand, driving record $7.77 earnings per share

Caterpillar reported strong second-quarter 2026 results, with revenue increasing 24% year-on-year to $20.5 billion. The construction and heavy machinery company's earnings per share reached $7.77. The company's order backlog now stands at a record $72 billion, up $35 billion from the previous year. Caterpillar is benefiting from AI-related infrastructure demand, which is providing multiyear revenue visibility and reducing its dependence on traditional construction cycles. Analysts have set an average price target of $975 for the stock, which currently trades around $800 per share. However, the company's trailing P/E ratio has risen above 35, significantly higher than industry averages and its historical norm. Despite the elevated valuation, the company's strong demand outlook and reduced cyclicality support its position amongst industrial stocks.

Yahoo Finance
Sep 16th, 2026
Caterpillar stock falls 26% as $72B order book nears annual revenue amid data centre and construction demand questions

Caterpillar's shares have fallen 26% from their 52-week high, but the company holds a $72 billion order book, nearly matching its $74.7 billion in trailing twelve-month revenue. The backlog grew 92% year-over-year, with 59% expected for delivery within twelve months. Power & Energy drives growth, with second-quarter sales to power generation users up 72% on data centre demand. Lead times for gas engines extend into late 2028 and 2029. The company converted a Kansas plant in under twelve months to meet demand. Construction Industries saw sales to users grow 22% in the second quarter, the sixth consecutive quarter of growth. Management expects full-year 2026 growth despite anticipated dealer inventory reductions in the fourth quarter. The company is already taking orders into 2029 and 2030.