Caterpillar CEO To Retire In 2017Doug Oberhelman, 63, will leave Peoria-based Caterpillar at the end of March. He has been CEO since 2010 and has been with the company for more than 41 years.
Peoria-Based Caterpillar Plans Thousands Of Job CutsCaterpillar is planning another round of job cuts that could exceed 10,000 people through 2018, as the construction and mining equipment maker adjusts to downturns in key markets that it serves.
Feds Arrest 5 For Hacking Scheme Tied To Boeing, CaterpillarTwo 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.
Caterpillar To Stay In Peoria, Expand Corporate HQChief 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 Defends Move To Avoid $2.4B In Federal TaxesCaterpillar 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.
Report: Caterpillar Reaches Tentative Agreement With Striking WorkersPeoria-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.
Workers Go On Strike At Joliet Caterpillar PlantUnion workers have walked off the job at the Caterpillar plant in Joliet, after rejecting the company’s latest contract offer.
Quinn Disappointed In Caterpillar CEO's Remarks About Business ClimateGov. 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.
Caterpillar Selling Distribution BusinessHeavy equipment maker Caterpillar Inc. has agreed to sell off a distribution and support business to a Canadian company for $465 million.
Study: Caterpillar Expansion To Boost Economy By $260MA group that promotes downstate business says Caterpillar’s investment in building more machines in East Peoria and Decatur will pay over and over again.
CEO: Caterpillar Is Staying In IllinoisFollowing a meeting with Gov. Pat Quinn, the chief executive officer of Caterpillar says the company is staying in Illinois.
Caterpillar CEO: We're Not Leaving IllinoisWas it a false alarm? Peoria-based Caterpillar now says it has no plans to leave Illinois.