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Peoria wasn't always a company town. It was a distillery town, a farm implement town and a river town before the Caterpillar Tractor Co. set up shop. A bond developed between company and town that ...

Founders C.L. Best and Benjamin Holt were initially owners of rival companies, focused on creating different types of tractors. Their two companies merged in 1925, creating the Caterpillar Tractor Co.

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