Business

What Companies Are in the Capital Goods Field? 11 Companies

The capital goods sector is a sizable and expanding industry that offers goods and services to support the expansion and success of enterprises. Companies that produce everything from office supplies to construction equipment make up this industry. Consider some of the companies in the capital goods industry if you’re seeking a place where you may advance and earn a consistent salary.

Capital goods are produced across a wide range of industries. Among others, General Electric, Ford, and Boeing are companies that each specialise in a certain field. If you wish to flourish in the market, you must be aware of the different capital goods companies.

Your understanding of what they do will help you in making decisions. The market for capital goods is sometimes referred to as the industrial sector.

Types of capital goods companies

You need to be aware of the various categories when thinking about which businesses are involved in the capital goods industry. There are numerous different business models used in the capital goods sector. Here are a few examples:

  • Railroad car manufacturers
  • Shipbuilders
  • Material handling equipment manufacturers
  • Construction equipment manufacturers
  • Equipment manufacturers
  • Mining equipment manufacturers
  • Oil and gas field machinery manufacturers
  • Machinery manufacturers

To supply the globe with vital goods and commodities, these industries are crucial. If you’re thinking about working for a company that manufactures goods, this is the industry for you.

What companies are in the capital goods field

What companies are in the capital goods field? Numerous businesses make up the capital goods sector, but a select few, in particular, control the market, produce items, or offer services with a disproportionately large global or economic impact.

What businesses operate in the capital goods sector, then? After looking at the various capital goods company categories, let’s take a closer look at some of the top corporations.

Here is a list of companies which are in the capital goods field

  1. General Electric
  2. Honeywell International
  3. Union Pacific
  4. United Rentals Inc.
  5. Lockheed Martin
  6. Ford Motor Company
  7. Caterpillar Inc.
  8. Northrop Grumman
  9. Boeing
  10. 3M
  11. ABB Limited

1. General Electric

General Electric, abbreviated as “GE,” is a manufacturing company that was founded in 1892. GE is a multinational corporation that operates in a number of industries, including aviation, power, renewable energy, and health care. Its corporate headquarters are in both Boston and New York.

As a result, the company specialises in the manufacture of a wide range of goods, including but not limited to firearms, aircraft engines, software, wind turbines, other forms of energy, electric motors, and more. General Electric earns more than $10 billion in revenue each year.

What standard advantages company gives to employees?

  • Medical insurance
  • Paid time off days
  • Work flexibility
  • Dental Insurance
  • Signing bonus
  • Disability insurance
  • Vision insurance

Company Size?

10,000+ employees

2. Honeywell International

Honeywell International, or simply Honeywell, is a corporation that has been in the manufacturing industry since its inception in 1885. This company specialises in the manufacture of a wide variety of products, some of which are specifically designed for use in industries such as aerospace, automotive, chemical, and industrial control.

Honeywell is well-known for producing a wide range of goods, including but not limited to automotive products, specialised chemicals, plastics, engineered materials, and other items. The company generates more than 32 million dollars in revenue each year.

What standard advantages company gives to employees?

  • Health insurance
  • Retirement plans
  • Parental leave
  • Life insurance
  • Paid time off days
  • Sign on bonus

Company Size?

10,000+ employees

3. Union Pacific

This company is now known as Union Pacific and was founded in 1862 as a participant in the field of transportation and logistics. Union Pacific produces chemicals, coal, agricultural products, automobiles, and intermodal items. The corporation is in charge of connecting 23 states across two-thirds of the Western United States, and it operates from all of the major ports on the West Coast and Gulf Coast all the way to the eastern gates.

Union Pacific serves approximately 10,000 customers and maintains connections with both the Canadian and Mexican rail networks. 

What standard advantages company gives to employees?

  • Retirement plans
  • Vision insurance
  • Tuition reimbursement
  • Vacation days
  • Medical insurance
  • Dental Insurance

Company Size?

10,000+ employees

4. United Rentals Inc.

United Rentals Inc. is a corporation that was founded in 1997 and provides construction and facility services. This company, widely regarded as the largest equipment rental company in the world, has locations in all 49 United States, as well as one in each of Canada’s provinces. United Rentals is a market leader in the rental of vehicles and equipment used in industrial and construction settings.

Customers include homeowners, homeowners’ associations, municipalities, industrial companies, and construction companies. United Rentals also sells new and used machinery and vehicles, as well as maintenance and repair services. The corporation’s annual revenue is in excess of $6 billion.

What standard advantages company gives to employees?

  • Health insurance
  • Vacation days
  • Retirement plans
  • Company truck

Company Size?

10,000+ employees

5. Lockheed Martin

Lockheed Martin, a corporation that operates in the aerospace and military industries, was founded in 1995. The company’s primary areas of expertise are attack weapons, fire sensors, air missiles, and a variety of other types of defensive weapons. The company is widely regarded as one of the most important corporations in the aerospace, defence, security and technology industries.

The primary customers for the firm’s goods and equipment are the United States Department of Defense and other governmental agencies in the United States. Lockheed Martin is comprised of four distinct business divisions. Rotary and mission systems, aeronautics, missiles and fire control, and space are the divisions. The company earns more than $65 billion per year.

What standard advantages company gives to employees?

  • Dental Insurance
  • Tuition reimbursement
  • Retirement plans
  • Health insurance
  • Flexible schedule
  • Paid time off days
  • Relocation assistance

Company Size?

10,000+ employees

6. Ford Motor Company

Ford Motor Company is an American company. Henry Ford, who had an innate talent for engineering, founded the company in 1903.

Henry Ford began his professional career In 1890, as an engineer with the Detroit Edison Company. In 1896, he sold a gasoline buggy to raise funds for the development of a new automobile.

The executives at the Detroit Edison Company suspected him of engaging in this behaviour because his hobby was taking time away from his regular job. Ford was forced to resign from his position as chief engineer in 1899.

7. Caterpillar Inc

Caterpillar Inc., also known as Caterpillar or CAT, is a company that has been in the construction industry since its inception in 1925. The design and manufacture of gas engines, gas turbines, and diesel-electric locomotives for use in the construction and mining industries are the primary areas of focus for this company. Over 180 countries and continents have CAT offices and facilities. These locations cover the entire globe.

It generates over $40 billion in annual revenue and distributes goods and services to three key markets: construction and resource sectors, as well as energy and transportation. It also provides machinery for paving, drilling, hydraulics, and other industries.

What standard advantages company gives to employees?

  • Health insurance
  • Vision insurance
  • Paid time off days
  • Relocation assistance
  • Dental Insurance
  • Retirement plans

Company Size?

10,000+ employees

8. Northrop Grumman

Northrop Grumman is an aerospace and defence company that was founded in 1939.

Military aircraft, aerial vehicles, chainguns, autocannons, ammunition, satellites, rocket launch systems, stealth bombers, electronic systems, and other land and space defence items are all developed by the company.

Northrop Grumman works in a variety of industries, including aerospace systems, defence systems, mission systems, space systems, and others. These industries all have various headquarters in the United States.

This company strives to regularly upgrade and replace current market products while developing new military products.


What standard advantages company gives to employees?

  • Health insurance
  • Paid time off days
  • Employee discounts
  • Tuition reimbursement
  • Retirement plans

Company Size?

90,000 employees

9. Boeing

Since its inception in 1916, Boeing has been involved in the aerospace and military industries. This corporation is the world’s largest aerospace company, with three distinct business units: military, space, and security; commercial aircraft and global services; and space exploration and security.

Furthermore, Boeing supports airlines and clients in the governments of over 150 different countries that are allies of the United States. The company earns more than $58 million in annual revenue and offers a wide range of services, including commercial aeroplanes, military aircraft, space satellites, electronic defence systems, launch systems, weaponry, and more.

What standard advantages company gives to employees?

  • Relocation assistance
  • Dental Insurance
  • Parental leave
  • Vision insurance
  • Paid time off days
  • Health insurance
  • Disability insurance

Company Size?

10,000+ employees

10. 3M

3M has been in business since 1902 and is well-known for developing and manufacturing a wide range of consumer goods. It is a conglomerate based in Minnesota that manufactures a wide range of products such as adhesives, laminates, abrasives, window films, paint protection films, and more. At the moment, the company’s inventory of goods and services exceeds 60,000 items.

Furthermore, it produces goods sold under a variety of brand names, such as those for dentistry and orthodontics, medicine, automobiles, electrical components, and medical software. The global presence of 3M offices spans over 87 countries.

What standard advantages company gives to employees?

  • Health insurance
  • Retirement plans
  • Dental Insurance
  • Vision insurance
  • Stock options
  • Vacation days

Company Size?

93,000+ employees

11. ABB Limited

ABB Limited, also known simply as ABB, was founded in 1898 and operates in the energy, mining, and utility industries. The primary focus of the company is the manufacture of control goods, cable systems, circuit breakers, switches, and various other pieces of electronic equipment. In addition, the firm offers installation and maintenance services for systems purchased from the company.

Despite the fact that the company’s headquarters are in North Carolina, the United States of America is the company’s most important market. This company generates more than $26 million in revenue per year.

What standard advantages company gives to employees?

  • Health insurance
  • Retirement plans
  • Disability insurance
  • Life insurance
  • Vision insurance
  • Paid time off days

Company Size?

 5,001 to 10,000 employees

Final thoughts: What companies are in the capital goods field?

People who want to invent and create should work in the capital goods industry. Furthermore, it is an ideal setting if you want to be a part of the expanding supply chain that drives the global economy.

So, if you want to change the world while earning a good living, work in the capital goods sector! We hope that this article has provided an answer to the question, “What companies are in the capital goods field?”

Hassan

I'm a content writer and writing for 5 years for multinational companies.

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