Corporate headquarters concentrating in a few big cities. Failed cities like Chicago run by Democrat machines.
This is like GE moving its HQ from Connecticut to Taxachusetts.
The site I work at brought in a whole bunch of management from C&S Wholesaler.
The lead clown had his friends fall on their swords for him.
And he totally screwed the pooch on many occasions.
Eventually he left.
But the damage is permanent.
That left coast pro-homosexual Ron Johnson pretty much single-handedly destroyed J.C. Penny, but Dallas was too much of a hick town (in his ignorant mind) for him to want to move there.
"Despite all of that, Johnson and 9 other senior executives, many of whom came with him from Apple, commute to the company's Plano headquarters via private jet. It was actually part of his agreement with the company that he be permitted to continue living in Palo Alto." http://www.businessinsider.com/ron-johnson-commuting-culture-2013-3
Translation? “We’re too important to be stuck in some backwater burg like Peoria. All the hookers know us and it’s expensive to bring in outside help every time we want to throw an orgy ... er, I mean a board meeting.”
Has anyone here been to Peoria lately?
“faster than a locomotive” (everyone under 60 is asking.. “what is a locomotive?”) (Superman)
It’s from a song by Jethro Tull, /s ninny,. (what’s a Jethro Tull and what’ a ninny?)
Anyway..... my point......
DID THEY NEVER HEAR OF THE INTERNET?
It’s hard to take bulldozers on a plane with you to show to your clients, I don’t care how big your “hub” is.
Caterpillar is under IRS Investigation, related?
Is this a shadow government harassment move?
I bet they could buy their own fleet of small corporate jets, park them at General Wayne A. Downing - Peoria International Airport, save what they are paying the airlines, save the cost of moving, save the years of higher per-square-foot office space costs in Chicago, and either break even or come out ahead.
These guys wives want to live closed to the elite shopping centers. Back in the early 1970’s Standard oil built a large office tower in Chicago. The wife of the chairman of the board wanted a special color marble to encase the entire exterior of the building. The architects advised the chairman that the marble she wanted was fragile and would have to be replaced in a short amount of time. His response was: “you guys don’t have to live with her, I do”. 20 years later the entire building had to be repaired/rebuilt costing almost as much as its original construction. Be aware of the power of the va-jay-jay.
I don’t understand it. We’ve traveled through Peoria dozens of times to avoid the Madison/Chicago/Gary dem-hole while en-route to the east coast.
I sorta like Peoria. Compared to Chicago, it appears clean and well organized.
I don’t understand Cat???
That move will cost them in more ways than one.