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.
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.
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.
Union workers have walked off the job at the Caterpillar plant in Joliet, after rejecting the company’s latest contract offer.
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.
Heavy equipment maker Caterpillar Inc. has agreed to sell off a distribution and support business to a Canadian company for $465 million.
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.
Following a meeting with Gov. Pat Quinn, the chief executive officer of Caterpillar says the company is staying in Illinois.
Was it a false alarm? Peoria-based Caterpillar now says it has no plans to leave Illinois.
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.
The chief executive of Caterpillar says other states are trying to lure the heavy equipment maker out of Illinois.
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 […]