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Tag: Cat Chicago
Construction Equipment
Year in Review: The Biggest Construction Equipment News Stories of 2017
2017’s Top Newsmaker: Deere buys Wirtgen After identifying Wirtgen as an attractive strategic fit several years ago, John Deere pulled the trigger in a surprise move this June, buying German equipment manufacturer Wirtgen Group. The all-cash $5.2 billion deal gave Deere access to Wirtgen’s deep roots in roadbuilding and quarry equipment markets. The deal also […]
December 29, 2017
Construction Equipment
Caterpillar will move global HQ to Deerfield, lll., beginning this year
Nearly three months after announcing plans that the company would be moving its global headquarters from Peoria to Chicago, Caterpillar has actually settled on a location a bit further north. By mid-2018, the world’s no. 1 heavy equipment manufacturer plans to call the Chicago suburb of Deerfield its new home. The company will move into […]
April 20, 2017
Business
“A betrayal of our community”: Reaction to Cat’s executive move from Peoria to Chicago
The rumors had been rumbling for years, but Cat’s surprise announcement last Tuesday that it would be relocating its global headquarters from Peoria to the Chicago area has generated lots of comments, ranging from accusations of broken promises to “hey, that’s capitalism” shrugs. Although Cat says the move will only involve 300 jobs, and that […]
February 6, 2017
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