The capital goods sector manufactures items used by many businesses. In this article, we will analyze some of the companies that are in the capital goods field to help you with your job search.
If you are keen on starting your career in the capital goods industry, there are plenty of great opportunities to pick from, whether you are an entry-level job seeker or experienced worker. The capital good field is characterized by companies that manufacture goods marketed to other businesses – instead of customers directly – If you are looking for examples of companies in the capital good fields, you will find a lot of easily recognizable names.
There are numerous big-sized capital goods multinationals such as John Deere and Caterpillar. They are popular for their manufacturing of heavy technology and apparatus widely utilized across the food and building industries. But, the capital goods field is made up of companies that manufacture a product that assists another company offering services to a consumer. For instance, manufacturer of hair clipper for a barbing salon or even motor vehicles that are produced for transportation services are examples of capital goods field.
Given the size and reach across numerous industries, the capital goods field is attractive to many job applicants. Another advantage is that the field creates plenty of opportunities for people looking for work – like customer service, research and sales etc. Also, there are varieties of roles available, from entry-level to management-level positions.
United Rentals, Inc
Company Size: 18,500
Headquarters Location: Stamford, CT
United Rentals is the world’s biggest equipment rental business. they engage in manufacturing vehicles and machinery for building and technology companies. They have more than 1,200 rental outlets and offer more than 3,300 equipment and education courses. With such a big foothold, they always need personnel and provide on-the-job training as well as quality incentives.
Company Size: 32,100
Headquarters Location: Omaha, NE
Established in 1862, Union Pacific manufactures equipment used across transportation and infrastructural industries, and they’re recognized as North America’s prestigious railroad company. They have locations in 23 regions and are ranked as among Fortune Magazine’s World’s Most Admired Companies, Top Places to Work for Women & Diverse Managers, and 2022 Great Places to Work for Disability Inclusion. Union Pacific is normally viewed as an excellent employers—and their perks include childcare services, scholarships and retirement benefits.
Company Size: 303,000
Headquarters Location: Munich, Germany
Siemens is a digital company that mainly focuses in supplies for power grid, transport and medical services. Different from the capital goods companies, Siemens concentrates more on intangible goods — like machine learning, digital forensics, and building automation — with a statement that they “formulate and build over 7,600 innovations” each year. They offer world – class career prospects for job seekers aiming to make the world a better place.
Company Size: 95,000
Headquarters Location: Saint Paul, MN
While 3M is popular for manufacturing consumer goods, the company produces roughly 60,000 different kinds of products—including window systems, medical supplies, digital equipment and more—that lies within the capital goods category. Also, they were ranked #20 for the top industrial and production companies in 2018. They provide excellent benefits, flexible working hours, and mentoring programs.
Company Size: 142,000
Headquarters Location: Arlington, VA
Boeing is the world’s biggest aircraft manufacturer and among the industry leaders of passenger jets and security equipment. They create products for companies in more than 100 countries worldwide and are well-known for their pioneering spirit and environmental stewardship. Career opportunities with Boeing include responsibilities in business, information security, Finance, industrial production and more—and offer job applicants a chance to work on international projects.
Company Size: 107,700
Headquarters: Deerfield, Illinois
Caterpillar produces machinery for the building sector and extends over 190 countries around the world. They offer expertise in machinery used in hydraulics, excavating, heat pumps and mineral extraction. The company manufactured $51 billion worth of heavy equipment in 2021 alone.
Like Boeing, Caterpillar has career opportunities in practically every area, including value chain, marketing, and finance. The company also boasts that it gives staff the opportunity to switch between job roles or locations in order to pursue multiple career paths.
Deere & Company
Company Size: 74,400
Headquarters Location: Moline, IL
The agriculture industry, which employs the most people, has undergone a transformation because to John Deere’s farming equipment. Look no further than Deere & Co. if you want to work for a company that actually addresses the food and fuel issues.
For job seekers in the middle of their careers, John Deere provides promotion chances, and it also has training programs for technicians. Regardless of where you are in your career, Deere & Co. may have a position for you.
Company Size: 168,000
Headquarters Location: Boston, MA
Like 3M, General Electric is a company whose operation cut across both the capital goods and consumer products sectors. General Electric manufactures machineries for the aerospace, alternative resources, and healthcare industries, making it among the biggest capital goods companies. Their main objective is to create a functional world,” and they create job opportunities across 52 different categories in electricity, data analysis, cloud based sectors and more.
Company Size: 174,000
Headquarters: Waltham, Massachusetts
Raytheon is a popular defense and aeronautics company, and they continue to supply weapons and military equipment to the U.S. authorities as a military contractor. However, Raytheon also engage in air transport and space tourism. Their unit, Collins Aerospace modelled the space suits that are worn currently at the International Space Station. This makes them a fascinating and forward-thinking company that appeals to many job hunters. Raytheon has jobs available in many various categories including communication systems, technology, accounting, human resource management and more, and they were ranked as among America’s Best Big Employers by Forbes.
Company Size: 114,000
Headquarters: Bethesda, Maryland
Lauded as among the World’s Most Admired Companies by Forbes Magazine, Lockheed Martin is an international security and avionics company that mainly collaborates with the U.S.Department of Defense and U.S. ministries and departments. Like Raytheon, Lockheed Martin also offers capital goods in fields like innovative technologies and manufacturing to use drones, cognitive computing, and virtual reality to speed up and safeguard manufacturing processes. If you want to boost your career, Lockheed Martin was rated one of LinkedIn’s 50 Best Workplaces to Grow Your Career in 2022.
Company Size: 110,000
Headquarters: Charlotte, North Carolina
A member of the Fortune 500 companies company, Honeywell International produces goods for the inorganic, auto parts and aeronautics sectors. They manufacture a wide range of items, including hydrocarbons, polymers, and synthetic materials. Employment opportunities are available in accounting, customer satisfaction, marketing, and distribution network similar to many companies in the capital goods industries. With a commitment to social responsibility, they also promote employee civic engagement.
Capital goods are products that companies utilize to manufacture other items like tools, cars, or equipment. Using these capital goods, a business generally will have to develop or procure them first. Then they may repackage or sell them for other businesses to develop new products.