Caterpillar to move headquarters to Chicago area

By Crain's Chicago Business

Jan 31, 2017

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Caterpillar is moving its global headquarters to the Chicago area, the company announced Tuesday.

"Caterpillar's Board of Directors has been discussing the benefits of a more accessible, strategic location for some time," CEO Jim Umpleby said in a statement. "Since 2012, about two-thirds of Caterpillar's sales and revenues have come from outside the United States. Locating our headquarters closer to a global transportation hub, such as Chicago, means we can meet with our global customers, dealers and employees more easily and frequently."

Read the full story at chicagobusiness.com.

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