Full-Time

2025 Engineering Rotational Development Program

Product Development Track, Erdp

Posted on 4/18/2025

Deadline 5/2/25
Caterpillar Inc.

Caterpillar Inc.

10,001+ employees

Manufactures heavy machinery for construction

Compensation Overview

$79.8k - $143.5k/yr

No H1B Sponsorship

Peoria, IL, USA

In Person

Relocation is available for this position.

Category
Mechanical Engineering (2)
,
Required Skills
Python
MATLAB
C#
Simulink
C/C++
Autodesk CFD

People at Caterpillar Inc.

People at Caterpillar Inc. who can refer or advise you

Requirements
  • Analytical skills, initiating ideas, troubleshooting, root cause analysis, problem-solving, and critical thinking capabilities
  • Knowledge of engineering principles, theory, and engineering experience gained through projects, internships, and/or relevant work experiences
  • Fundamental understanding of engineering for a manufacturing environment, ability to design and implement materials, structures, machines, devices, systems and processes that safely realize a desired objective or invention
  • Organize and manage multiple projects simultaneously, ability to quickly gain, and effectively apply new skills & knowledge
  • Success in collaborating with others of diverse cultures, interpersonal styles, and abilities
  • Strong written, and verbal communication skills
  • Participate in, and build on our inclusive, constructive, and productive work environment
  • Ensure all team member’s contributions are recognized and valued
  • Bachelor's degree in Aerospace/Aeronautical, Agricultural, Electrical, Computer, Industrial, Mechanical or Systems Engineering from an ABET-accredited institution
  • Minimum cumulative Grade Point Average of 3.0/4.0 (no rounding) at current institution
  • Expected graduation date December 2023 - August 2025
  • Must be willing to travel and relocate domestically
Responsibilities
  • Engineer components & systems for Caterpillar products to meet our customers’ needs. Deliver solutions by leading collaboration with cross functional teams throughout our value chain starting from initial concept through to production.
  • CFD - Computational Fluid Dynamics (ANSYS), FEA - Finite Element Analysis, 3D modelling, autonomy sensor and photorealistic environment root cause investigation; system/subsystem/component design optimization, structural dynamics, development and optimization of Engine, Aftertreatment, Battery, Fuel Cell, Powertrain, Machine System performance, and/or Autonomy and Multiple Machine Coordination.
  • Apply strong mechanical engineering understanding in a test/validation (hands-on) environment, troubleshooting issues, and collaborating with others for optimal results.
  • Develop/Implement control system algorithms using Matlab/Simulink for various control systems including but not limited to engine controllers, machine implement controllers as well as powertrain controllers. Will be responsible for understanding the feature requirement, implementing it as well as testing it prior to a production roll out.
  • Will be responsible for designing and testing various electronic control modules as well as various electronic components. Will work with various internal Caterpillar clients to understand controller/component requirements, help design Printed Circuit Board layouts as well as perform digital/analog/power circuit analysis and testing. Other duties may include working with suppliers, testing the controllers/components in various environments, ensuring that FMEAs [Failure Mode and Effects Analysis] are conducted and documented to meet stringent Caterpillar quality requirements.
  • Develop embedded software in C, C# and/or C++ for various electronic control modules. Some examples of embedded software development applications include Datalink communications, Inputs and Outputs [ Sensors and actuators], speed calculation, Injection/spark timing, memory management, CPU optimization, multi core design and implementation, autonomy algorithms for perception, localization, and planning, etc. In addition, some areas of work include developing scripts in Python/Visual Basic for automation.
  • Verify functionality of a feature or control system algorithm on a HIL [ Hardware in the Loop] simulator bench or a SIL [ Software in the loop] system. Understand requirements of the feature and/or the schematics of the controller / control system, verify functionality and debug/report anomalies to the development team and help validate fixes.
  • Apply mechanical, manufacturing, systems and/or industrial engineering knowledge to analyze and optimize an engineering process or processes. Will have the opportunity to leverage problem-solving and communication skills.
Desired Qualifications
  • Involvement with a campus design/competition teams or related experience
  • Project or Team Leadership experience
  • Previous technical internship/co-op or relevant experience
  • Excellent interpersonal and communication skills

Caterpillar designs and manufactures heavy machinery and engines for the construction, mining, energy, and rail industries, selling equipment, parts, services, and financing. Its products are large diesel machines with hydraulic systems and attachments, using data-driven features and remote diagnostics to improve uptime, along with extensive aftermarket maintenance and repair. It differentiates itself through its global scale, integrated product-and-service ecosystem, and large dealer and financing networks, plus ongoing use of data analytics and AI to optimize performance. Its goal is to help customers complete large-scale projects safely and efficiently while supporting sustainable development through community initiatives and durable equipment.

Company Size

10,001+

Company Stage

IPO

Headquarters

Irving, Texas

Founded

1925

People at Caterpillar Inc.

People at Caterpillar Inc. who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Power & Energy projected to reach $35.9B in 2026, driven by AI data center demand.
  • Reciprocating engine capacity for 2030 set to triple 2024 levels, targeting 2.1GW for data centers.
  • Dividend raised 8% to $1.63, with nearly all free cash flow returned via dividends and buybacks.

What critics are saying

  • Resource Industries profit plunged 39% to $378M, margins collapsed 700 basis points to 10% due to tariffs.
  • AI data center spending cliff could reverse 11.64% Power & Energy growth if Microsoft's $37B run rate falters.
  • Valuation at 6.7x P/S exceeds 10-year high of 4.6; Michael Burry shorted at $1,060.98 betting overvaluation.

What makes Caterpillar Inc. unique

  • Power & Energy segment grew to $28.6B in 2025, 42% of revenue, with margins rising to 26.3%.
  • Services revenues hit $24B in 2025, backed by 1.6M connected assets and next-day parts commitment.
  • Record backlog reached $62.7B in Q1 2026, with Power Generation revenue up 41% to $2.82B.

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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

4%

1 year growth

4%

2 year growth

4%
Yahoo Finance
Apr 11th, 2026
Applied Materials and Caterpillar outperform as UPS faces labour costs and declining revenue

Applied Materials reported first-quarter revenue of $7.01 billion, down 2% due to falling China sales, but earnings per share surged 75% to $2.54 on improved margins. The semiconductor equipment maker expects industry sales to grow more than 20% this year, driven by AI computing demand. The company holds leading market positions in deposition and etching tools used for chip manufacturing. Its shares have risen over 175% in the past year and more than 35% year-to-date. Meanwhile, Caterpillar is benefiting from data centre growth through its dominance in backup generators. The industrial firm is experiencing strong sales growth and a large backlog for diesel and natural gas engines that provide emergency power for hyperscale data centres.

PR Newswire
Apr 8th, 2026
Caterpillar appoints Kyle Epley as CFO after record $67.6B year

Caterpillar has appointed Kyle Epley as chief financial officer, effective 1 May 2026, replacing Andrew Bonfield, who will retire on 1 October after eight years with the company. Bonfield will serve in an advisory role during the transition period. Epley brings nearly three decades of Caterpillar experience to the role and currently serves as senior vice president of Global Finance Services. He has held several senior finance leadership positions, including division CFO and corporate controller. During Bonfield's tenure, Caterpillar achieved record financial performance, including the highest full-year sales and revenues in company history and a single-quarter record of $19.1 billion in the fourth quarter of 2025. The company reported 2025 sales and revenues of $67.6 billion.

PR Newswire
Apr 8th, 2026
Caterpillar maintains $1.51 quarterly dividend, extends 32-year streak of annual increases

Caterpillar has maintained its quarterly dividend at $1.51 per share of common stock, payable on 19 May 2026 to shareholders of record as of 20 April 2026. The construction and mining equipment manufacturer has paid a cash dividend every year since its formation and quarterly dividends since 1933. Caterpillar has increased annual dividends for 32 consecutive years and is a member of the S&P 500 Dividend Aristocrats Index. The company reported sales and revenues of $67.6 billion in 2025. Its primary business segments include Power & Energy, Construction Industries and Resource Industries.

Yahoo Finance
Apr 1st, 2026
Caterpillar becomes AI powerhouse with $51B backlog from data centre power solutions

Caterpillar, the industrial equipment manufacturer known for construction machinery, has emerged as an unexpected AI beneficiary through its power and energy segment. The company is capitalising on surging demand for data centre power infrastructure, selling industrial-scale generators, battery systems and switchgear whilst electrical grids expand to meet capacity needs. The power and energy division grew revenue 23% year-over-year in Q4 2025, becoming Caterpillar's largest business. The company ended 2025 with a $51 billion order backlog, up 71% from the previous year. Management estimates data centre electricity requirements will rise 200% by 2035. Caterpillar shares have more than doubled over the past year and trade at 31 times forward earnings. Wall Street analysts forecast 18% annual earnings growth over the next three to five years.

Yahoo Finance
Mar 23rd, 2026
Caterpillar stock doubles in a year on AI data centre power demand

Caterpillar has surged roughly 100% over the past year, making it one of the best performers in the Dow Jones Industrial Average. The dividend stock's gains have been driven largely by surging demand for power generation equipment needed to support AI data centres. In the fourth quarter of 2025, Caterpillar's power generation sales jumped 44%, fueled by demand for generators and turbines supporting AI infrastructure. The company secured one of its largest single power contracts to supply generators for a data centre project in West Virginia. Power and energy sales have become Caterpillar's largest revenue contributor. Caterpillar is investing $725 million to expand production capacity and plans to more than double turbine engine capacity by 2030. In June 2025, the company raised its quarterly dividend by 7% to $1.51 per share.

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