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Caterpillar to move headquarters to Chicago area
Yahoo Finance ^
| Jan 31 2017
| Reuters
Posted on 01/31/2017 7:40:49 AM PST by bigbob
Caterpillar Inc (CAT.N) said on Tuesday it would move its global headquarters to the Chicago area from Peoria, Illinois later this year to move closer to a global transportation hub and make it easier to recruit executives.
A limited number of senior executives and some relocated from Peoria will be based at the new headquarters, and about 300 will be based there once the facility is fully operational, the company said in a statement.
The company did not specify the exact location of its new headquarters.
(Excerpt) Read more at finance.yahoo.com ...
TOPICS: Business/Economy; US: Illinois
KEYWORDS: cat; caterpillar; chicago; peoria
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To: Dr. Sivana
Peoria is not just a small city, it is an unusually hard to get to small city. It not only lacks a serious airport, but doesnt even have main highways connecting it directly to other cities.
Not true. Peoria is on I-74, which runs from I-80 at Betterdorf, Iowa via Indianapolis to I-75 at Cincinnati, Ohio. I-155 gives us a short-cut to I-55 toward St. Louis, and I-74 and I-55 is a good way to get to Chicago.
Our airport has daily flights to six major hubs - Atlanta, Charlotte, Chicago-O'Hare, Dallas/Ft.Worth , Detroit and Minneapolis/St. Paul. A new terminal opened in 2011, and an international terminal opened last spring.
To: railroader
I didn’t know you upgraded the airport. That’s great! I wish Rockford’s would get more connections to hubs.
62
posted on
02/01/2017 4:01:58 AM PST
by
Dr. Sivana
(There is no salvation in politics.)
To: Dr. Sivana
I didnt know you upgraded the airport. Thats great! I wish Rockfords would get more connections to hubs.
Rockford is, unfortunately, too close to Chicago to attract legacy carriers. Allegiant Air, Caribbean/Mexican charters and air cargo keeps things busy though.
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