ConDig (14-Jun-22) Construction equipment manufacturer Caterpillar Inc. has moved its global headquarters to the company’s existing office in Irving, Texas, from its current site in Deerfield, Illinois.
The $51 billion revenue company said that it would start transitioning its headquarters to Irving this year.
“We believe it’s in the best strategic interest of the company to make this move, which supports Caterpillar’s strategy for profitable growth as we help our customers build a better, more sustainable world,” said Caterpillar chairman and ceo Jim Umpleby.
Caterpillar has had a presence in Texas since the 1960s across several areas of the company. Illinois remains the largest concentration of Caterpillar employees.
Caterpillar moved its corporate headquarters from Peoria, Illinois to the Chicago suburb of Deerfield in 2017.
Just last month aerospace company Boeing said it would leave the city of Chicago and set up a new corporate headquarters in the the suburbs of Washington, D.C.