Caterpillar listed as no. 5 most respected company

By Web Producer

Caterpillar listed as no. 5 most respected company

June 26, 2012 Updated Jun 26, 2012 at 2:22 PM CDT

PEORIA, Ill. -- Caterpillar is gaining the respect of not only customers but the corporate world as well. 

According the newly released Barron's annual survey of corporate respect, Big Yellow claimed the number 5 spot, just behind Apple, IBM, McDonald's, and Amazon.com.  Caterpillar received a 34 percent "highly respected" rating.

Last year, the heavy equipment manufacturer did not rank in the top 100 at all.

Companies like Google, once at the number 6 spot, fell to 16 and Walmart, formally at 18, dropped to the 51 spot.

For a complete list of Barron's Top 100 respected companies, visit http://online.barrons.com/public/resources/documents/BARRONS_100_LARGEST_PTC.pdf.