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April 19, 2017
FOR IMMEDIATE RELEASE
Caterpillar Names Deerfield, Illinois, as New Global Headquarters
Deerfield, Ill. – Caterpillar Inc. (NYSE: CAT) announced today that its new global headquarters will be located in Deerfield, Illinois, a northern Chicago suburb. The new headquarters building is minutes away from Chicago’s O’Hare International Airport, is centrally located near major interstates and offers direct access to the Chicago Metra.
“Following a thorough site selection process, we chose this location because it is approximately a 20-minute drive to O’Hare airport and convenient to the city of Chicago via commuter train, achieving our goal to be more accessible to our global customers, dealers and employees,” said Caterpillar CEO Jim Umpleby. “This site gives our employees many options to live in either an urban or suburban environment. We know we have to compete for the best talent to grow our company, and this location will appeal to our diverse, global team, today and in the future.””
Caterpillar Names Deerfield, Illinois, as New Global Headquarters
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In the mid 2010’s CAT said they were going to stay in Peoria and build a new headquarters and showed the development plans for blocks of downtown
Local entrepreneurs invested heavily in the area around the proposed location and had the rug pulled out from under them
The CEO is a California woke liberal