C

Caterpillar

Makes heavy machinery, engines and gas turbines

Engineering Project Team Leader-Manufacturing Modernization

Full-TimeUpdated on 10/23/2026Deadline 10/26/26
$128.5k - $192.7k+ Incentive bonus
Mid
Bachelor's
Lafayette, IN, USA
In PersonOnsite five days a week; work is equally split between office and shop floor. Travel up to 10% is possible. Relocation is available.
Project & Program ManagementProgram Management
No H1B Sponsorship

About the job

Requirements
  • Knowledge of mechanical systems and the ability to develop and provide solutions to significant technical challenges.
  • Knowledge of effective influencing tactics and strategies, and the ability to use them to deepen expertise, influence decisions, and challenge decisions within and outside the organization.
  • Knowledge of effective project management strategies and tactics, and the ability to plan, organize, monitor, and control projects while efficiently using technical and administrative resources.
  • Knowledge of effective team-building techniques and the ability to form and manage effective teams.
  • Knowledge of tools, methods, and techniques of requirements analysis, and the ability to elicit, analyze, and record functional and non-functional business requirements for system or software development projects.
  • Knowledge of troubleshooting approaches, tools, and techniques, and the ability to anticipate, detect, and resolve technical problems in manufacturing or product management environments.
Responsibilities
  • Develop project scope to address business challenges and opportunities.
  • Coordinate resources across the business with engineering and manufacturing teams.
  • Oversee project progress, communicate status with stakeholders and participating functional areas, and address and resolve issues.
  • Motivate, direct, and develop project teams and team members.
  • Review operational forecasts and outcomes and drive continuous improvement.
  • Advise others on assessing and providing technical solutions.
  • Engage appropriate subject-matter resources to resolve technical issues effectively.
  • Coach others in promoting, defining, analyzing, and providing technical solutions to business problems.
  • Provide solutions to technical challenges through technical competence and examination of the implications of events and issues.
  • Take accountability for personal technical performance and hold others responsible for theirs.
  • Communicate complex ideas clearly and concisely so others can understand.
  • Provide timely, objective subject-matter and process expertise and insight regarding multiple business areas.
  • Provide others with information, opportunities, or resources to develop their skills in the area of expertise.
  • Coach others to improve their proficiency in trusted-advisor practices.
  • Champion the organization's project management methodology, tools, and techniques.
  • Manage multiple high-risk, high-cost projects involving multiple stakeholders.
  • Coach others in open communication among project stakeholders.
  • Monitor major projects for critical path and actual status versus planned.
  • Consult on planning and management of high-risk, high-impact projects.
  • Monitor the industry for new project management approaches and tools.
  • Bring projects to closure and ensure lessons learned are captured.
  • Lead the definition of team missions and objectives for a variety of teams.
  • Use appropriate techniques to maintain team enthusiasm, energy, and focus.
  • Ensure team members are aligned and moving in the same direction.
  • Communicate within the team and with stakeholders.
  • Learn and use the special talents and work styles of team members.
  • Play an active or leading role in recording and storing requirements documents in various forms.
  • Ensure completion of major activities, tasks, and deliverables for the requirements analysis stage.
  • Produce functional and information requirements documentation.
  • Collaborate on requirements walkthroughs and quality reviews.
  • Evaluate the business impact of failure and the criticality and timing of needed resolution.
  • Resolve difficult or high-impact equipment and systems problems.
  • Monitor machine or process performance and history, and address excessive maintenance or repair needs and capacity constraints.
  • Coach others in resolving integration or communications problems.
  • Apply techniques for isolating problems and defining resolution approaches.
  • Use advanced diagnostic techniques and tools for unusual or performance-related problems.
Desired Qualifications
  • Strong manufacturing operations process engineering experience.
  • Experience leading projects involving modernization, production capacity, or operations.
  • Advanced problem-solving capabilities.
  • Proven ability to consistently deliver results.
  • Excellent collaboration and communication skills.

About the company

Caterpillar makes construction and mining machines, diesel and natural gas engines, industrial gas turbines and locomotives for contractors, mines, energy companies and data center builders. It is the world's largest maker of construction and mining equipment, and its yellow Cat bulldozers and excavators work in nearly every country. Customers buy or rent machines through independent Cat dealers, while its engines and turbines generate electricity and push natural gas through pipelines. Caterpillar earns money from equipment sales and from the parts and repairs that dealers supply over a machine's working life. It was formed in 1925 when California's Holt and Best tractor companies merged, and it is based in Irving, Texas.

Company Size

10,001+

Company Stage

IPO

Headquarters

Irving, Texas

Founded

1925

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Simplify's Take

What believers are saying

  • Data centers drive growth: power generation sales jumped 72% in the June 2026 quarter on demand for generators and turbines.
  • Factory hiring is growing: a $1 billion North Carolina plant, announced September 2026, is expected to create 1,950 jobs.
  • Recurring service work adds stability: parts and service brought in $24 billion in 2025, over a third of sales.

What critics are saying

  • Tariffs keep getting costlier: in August 2026, Caterpillar forecast $2.2 billion of 2026 tariff costs, up from 2025's $1.8 billion.
  • Patent fight threatens imports: in December 2025, rival Bobcat asked US trade regulators to ban some Cat loaders and excavators.
  • Expect five office days a week: since June 2025, US office staff must come in daily, and attendance affects reviews.

What makes Caterpillar unique

  • Power, not bulldozers, is its biggest business: engines and turbines brought in $28.6 billion in 2025, topping construction's $25.1 billion.
  • It runs its own lender: Cat Financial's overdue loans fell to 1.31% in June 2026, the lowest since 1998.
  • It also makes gas turbines: San Diego-based Solar Turbines builds 1 to 39 megawatt units for pipelines and power.

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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

Growth & Insights and Company News

6 month growth

1%

1 year growth

2%

2 year growth

2%
CNBC
Oct 21st, 2026
Tokenized stock trading surges overseas to $11.31B on Robinhood Chain as Goldman, Microsoft object in US

Tokenized stock trading is growing overseas while major US companies resist it at home, according to Bitwise Asset Management's latest quarterly report. On Robinhood Chain, tokenized stock volume rose from $526 million in July to $2.21 billion in August, then to $11.31 billion in September. Tokenized equities were also the fastest-growing category on Solana. Goldman Sachs, Microsoft, Qualcomm, Caterpillar, McDonald's, Western Digital, and Alphabet have objected to tokenized versions of their shares trading on OKXICE, a venue launched by crypto exchange OKX and Intercontinental Exchange. Sixteen companies have now objected. The US Securities and Exchange Commission's innovation exemption lets companies opt out. OKXICE co-chairman Andrew Cuomo said many companies would "wait and see" before taking part.

PR Newswire
Oct 14th, 2026
Caterpillar maintains $1.63 quarterly dividend, with record date corrected to October 26

Caterpillar Inc. has kept its quarterly dividend at $1.63 per share of common stock. The board of directors voted to maintain the payout, which is due November 19 to shareholders of record at the close of business on October 26. Caterpillar has paid a quarterly dividend since 1933. This payment will mark 33 consecutive years of higher annual dividends, and the company is a member of the S&P 500 Dividend Aristocrats Index. The company reported 2025 sales and revenues of $67.6 billion.

Yahoo Finance
Oct 13th, 2026
Caterpillar's $72B backlog tests data centre power boom as stock trades at 33.9 times earnings

Caterpillar's shares trade at 33.9 times earnings, against 21.9 for the S&P 500. A concern raised on its August 4, 2026 earnings call is that data centres may slow their orders for its power equipment in a few years. Power generation sales to end users rose 72% in the second quarter, driven by demand for large gensets and turbines. Management said no customer is slowing down. Power & Energy, its largest segment, had $32.2 billion in revenue in fiscal 2025, up 11.6%, and $8.2 billion in the latest quarter, up 17%. Some customers are ordering as far out as 2030. Backlog stood at $72 billion, with 59% due for delivery within twelve months. The stock is down 24.8% from its 52-week high but returned 61% over the past year.

Yahoo Finance
Oct 13th, 2026
Analysts favour Caterpillar over Deere, seeing 20% upside versus 10%

Analysts see more upside in Caterpillar than in Deere, based on Wall Street price targets. The average target for Caterpillar is about $971, 20% above its $811 share price. Deere's average target is about $694, roughly 10% above its $633 price. Both stocks have had a strong 2026. Caterpillar is up 41% year to date and Deere about 36%, against 14% for the S&P 500. Caterpillar's second-quarter revenue rose 24% to $20.5 billion, and adjusted earnings per share jumped 73%. Power and energy sales surged 72% on data centre demand, and its order backlog hit $72 billion, up 92% in a year. Deere's third-quarter revenue rose 5% to $12.6 billion, with earnings per share up 7.3% to $5.10. It expects agricultural equipment demand to recover in 2027.

Yahoo Finance
Oct 10th, 2026
Caterpillar hits record $20B quarter while Corning targets $40B by 2030

Investors weighing Caterpillar against Corning are choosing between industrial infrastructure and technological innovation. Caterpillar, a construction and mining equipment manufacturer, generated $67.6 billion in revenue in FY 2025, up 4.3%, though net income fell to $8.9 billion from $10.8 billion the previous year. Corning, a materials science company supplying optical communications and display technologies, posted stronger growth. Its FY 2025 revenue reached $15.6 billion, up 19.1%, whilst net income surged to $1.6 billion from $506 million. The company secured a multi-billion-dollar supply agreement with AT&T extending through 2030. Caterpillar trades at a forward P/E of 30.0x versus Corning's 49.7x, reflecting Corning's faster growth trajectory. Corning's optical communications business grew over 30% year-over-year, driven by AI data centre demand, with ambitious revenue targets of $20 billion by end-2026 and $40 billion by 2030. Despite Caterpillar's record backlog and reliable dividend, Corning's AI infrastructure exposure offers more compelling growth potential for patient investors.