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Caterpillar Inc. will move its global headquarters from Deerfield to an existing office in Irving, Texas, the company announced Tuesday.
“We believe it’s in the best strategic interest of the company to make this move, which supports Caterpillar’s strategy for profitable growth as we help our customers build a better, more sustainable world,” Caterpillar Chairman and CEO Jim Umpleby said in a statement.
The move is expected to affect about 230 employees in the Deerfield office, the majority of whom will be relocated to Texas over time, spokeswoman Kate Kenny said.
...
Caterpillar has offices and manufacturing locations throughout Illinois, including an office in Chicago, and Kenny said the move will not affect any other Chicago-area locations. Illinois is expected to remain the largest concentration of Caterpillar employees in the world, with more than 17,000 employees in the state, most of them near Peoria.
Caterpillar Inc. will move its global headquarters from Deerfield to an existing office in Irving, Texas, the company announced Tuesday.
“We believe it’s in the best strategic interest of the company to make this move, which supports Caterpillar’s strategy for profitable growth as we help our customers build a better, more sustainable world,” Caterpillar Chairman and CEO Jim Umpleby said in a statement.
The move is expected to affect about 230 employees in the Deerfield office, the majority of whom will be relocated to Texas over time, spokeswoman Kate Kenny said.
...
Caterpillar has offices and manufacturing locations throughout Illinois, including an office in Chicago, and Kenny said the move will not affect any other Chicago-area locations. Illinois is expected to remain the largest concentration of Caterpillar employees in the world, with more than 17,000 employees in the state, most of them near Peoria.
What took them so long?
Since Cat buys so many component parts from Mexico, it makes sense to move next door and save shipping costs.
Caterpillar Inc. will move its global headquarters from Deerfield to an existing office in Irving, Texas, the company announced Tuesday.
“We believe it’s in the best strategic interest of the company to make this move, which supports Caterpillar’s strategy for profitable growth as we help our customers build a better, more sustainable world,” Caterpillar Chairman and CEO Jim Umpleby said in a statement.
The move is expected to affect about 230 employees in the Deerfield office, the majority of whom will be relocated to Texas over time, spokeswoman Kate Kenny said.
...
Caterpillar has offices and manufacturing locations throughout Illinois, including an office in Chicago, and Kenny said the move will not affect any other Chicago-area locations. Illinois is expected to remain the largest concentration of Caterpillar employees in the world, with more than 17,000 employees in the state, most of them near Peoria.
What took them so long?
Illinois, like other liberal hell holes, is crumbling. NO ONE likes high taxes and excessive regulations.
There is a doctor shortage in Illinois as well, as physicians do not want to move there and there has been a mass exodus. High taxes, high litigation, low reimbursement= what's not to like?
Caterpillar Inc. will move its global headquarters from Deerfield to an existing office in Irving, Texas, the company announced Tuesday.
“We believe it’s in the best strategic interest of the company to make this move, which supports Caterpillar’s strategy for profitable growth as we help our customers build a better, more sustainable world,” Caterpillar Chairman and CEO Jim Umpleby said in a statement.
The move is expected to affect about 230 employees in the Deerfield office, the majority of whom will be relocated to Texas over time, spokeswoman Kate Kenny said.
...
Caterpillar has offices and manufacturing locations throughout Illinois, including an office in Chicago, and Kenny said the move will not affect any other Chicago-area locations. Illinois is expected to remain the largest concentration of Caterpillar employees in the world, with more than 17,000 employees in the state, most of them near Peoria.
What took them so long?
" Kenny said the move will not affect any other Chicago-area locations."
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