Caterpillar moves its headquarters from Illinois to Texas – Illionois News

Caterpillar moves its headquarters from Illinois to Texas – Illionois News
Caterpillar moves its headquarters from Illinois to Texas – Illionois News

Caterpillar Inc. said it will move its global base from Deerfield, outside Chicago, to the Dallas suburb of Irving.

DEERFIELD, Ill. – Construction equipment maker Caterpillar said Tuesday that it is packing up its headquarters from its longtime home state of Illinois and moving to Texas.

Caterpillar Inc. said it will move its global base from Deerfield, outside Chicago, to the Dallas suburb of Irving.

The company was based in Peoria, Illinois, for more than 90 years before announcing its move to Deerfield in 2017. At the time, it described Deerfield as a company that was on target to be more accessible to its customers, dealers and employees. of all the world.

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Caterpillar already has an office in Irving and has been in the state since the 1960s.

“We believe this move is in the best strategic interest of the company,” said CEO Jim Umpleby.

Caterpillar said it will begin moving its headquarters to Irving this year.

The Boeing Company said last month that it was the latest major corporation to leave the Chicago area. relocating its headquarters to the Washington, DC area.

A handful of technology companies have also recently moved their headquarters from California’s Silicon Valley to Texas. Tesla and Oracle Austin are gone, while Hewlett-Packard Packard Enterprises Now Spring, Texas, is outside of Houston.

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Texas Governor Greg Abbott tweeted Even though the company name is spelled incorrectly, Texas is a perfect fit for Caterpillar. “We are proud that Caterpillar now calls Texas home,” he wrote.

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