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Feds Arrest 5 For Hacking Scheme Tied To Boeing, Caterpillar

Two Illinois companies were targeted by a brazen insider trading ring. Federal authorities broke up a ring that used hackers to steal corporate press announcement from Chicago-based Boeing, Peoria-based Caterpillar, and several other companies, and then profit from that information before it became public.


(David McNew/Getty Images)

Caterpillar To Stay In Peoria, Expand Corporate HQ

Chief Executive Doug Oberhelman told a crowd of about 200 people Friday that after two years of study, the $55 billion global construction equipment maker will modernize its riverfront complex to include a three-tower building.


(David McNew/Getty Images)

Caterpillar Defends Move To Avoid $2.4B In Federal Taxes

Caterpillar Inc. executives defended a tax strategy Tuesday that has saved the Peoria-based manufacturing giant billions in U.S. taxes. They got support from Republican senators, including one who said the company deserves an award.


Caterpillar Strike

Report: Caterpillar Reaches Tentative Agreement With Striking Workers

Peoria-based Caterpillar Inc. has reportedly reached a tentative agreement with machinists at its Joliet plant, who have been on strike for more than three months.

CBS Chicago–08/15/2012

Caterpillar Strike

Workers Go On Strike At Joliet Caterpillar Plant

Union workers have walked off the job at the Caterpillar plant in Joliet, after rejecting the company’s latest contract offer.

CBS Chicago–05/01/2012

Gov. Pat Quinn

Quinn Disappointed In Caterpillar CEO’s Remarks About Business Climate

Gov. Pat Quinn is reacting to last week’s announcement by Caterpillar that Illinois is out of the running as the location for a new plant that would create 1,400 jobs.

CBS Chicago–02/13/2012

(David McNew/Getty Images)

Caterpillar Selling Distribution Business

Heavy equipment maker Caterpillar Inc. has agreed to sell off a distribution and support business to a Canadian company for $465 million.


(David McNew/Getty Images)

Study: Caterpillar Expansion To Boost Economy By $260M

A group that promotes downstate business says Caterpillar’s investment in building more machines in East Peoria and Decatur will pay over and over again.

CBS Chicago–11/29/2011

Doug Oberhelman

CEO: Caterpillar Is Staying In Illinois

Following a meeting with Gov. Pat Quinn, the chief executive officer of Caterpillar says the company is staying in Illinois.

CBS Chicago–04/05/2011

(David McNew/Getty Images)

Caterpillar CEO: We’re Not Leaving Illinois

Was it a false alarm? Peoria-based Caterpillar now says it has no plans to leave Illinois.

CBS Chicago–03/31/2011

Modern Drop Forge Co. (CBS)

Illinois Losing More Jobs Amid Caterpillar Inc.’s Concerns

A company in Blue Island is shipping off part of its operations — and 250 jobs — to Indiana as Big Yellow complains to Gov. Pat Quinn about an anti-business climate here.


(David McNew/Getty Images)

Quinn Confident Caterpillar Will Stay In Illinois

The chief executive of Caterpillar says other states are trying to lure the heavy equipment maker out of Illinois.

CBS Chicago–03/25/2011

(David McNew/Getty Images)

Caterpillar To Raise Prices Up To 2 Percent

DALLAS (AP) – Heavy-equipment maker Caterpillar says it will raise prices up to 2 percent worldwide starting in January. The company said Thursday the price hike was due to “industry factors” and the economy. Caterpillar […]

CBS Chicago–10/01/2010