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Caterpillar Heading to Texas. #8620752 06/15/22 12:37 PM
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The big corporations just keep on coming to Texas which has it's pros and cons.

https://www.foxbusiness.com/economy/caterpillar-global-hq-illinois-texas

Caterpillar to move global HQ from Illinois to Texas

The construction and mining equipment giant will join Oracle, Tesla, Hewlett Packard Enterprises in the Lone Star State.

Construction and mining equipment giant Caterpillar will ditch Deerfield, Illinois and relocate its global headquarters to Irving, Texas.

"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," Caterpillar chairman and CEO Jim Umpleby said in a statement.

Caterpillar, which has more than 107,000 employees globally, has had a presence in Texas since the 1960s across several areas of the company. However, Illinois remains the largest concentration of Caterpillar employees anywhere in the world.

A Caterpillar spokesperson told FOX Business it expects the majority of its roughly 230 employees at its Deerfield headquarters to make the move to Irving, Texas.

"Texas widened its lead as the #1 state in America for Fortune 500 company headquarters," Texas Gov. Greg Abbott tweeted. "We are proud that Catapillar now calls Texas home. We are a perfect fit for this international brand."


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Re: Caterpillar Heading to Texas. [Re: Stub] #8620757 06/15/22 12:41 PM
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Be sure to tell their demonrat employees to stay in Illinois.


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Re: Caterpillar Heading to Texas. [Re: Stub] #8620764 06/15/22 12:43 PM
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Illinois is giving Minnesota a run for their money, as far as the worst state to try to do business in. Well done. They're on their way to destroying another state.


...and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth. Gen. 1:28
Re: Caterpillar Heading to Texas. [Re: Stub] #8620768 06/15/22 12:47 PM
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Wonder if the Illinois leaders even understand why so many are leaving ?

Re: Caterpillar Heading to Texas. [Re: Stub] #8620772 06/15/22 12:49 PM
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It's Putin's fault.


...and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth. Gen. 1:28
Re: Caterpillar Heading to Texas. [Re: Biscuit] #8620780 06/15/22 12:53 PM
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Originally Posted by Biscuit
Wonder if the Illinois leaders even understand why so many are leaving ?



Nope, too stupid.

Same as the gun makers that have been in the northeast for hundreds of years are heading south.


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Re: Caterpillar Heading to Texas. [Re: Stub] #8620783 06/15/22 12:54 PM
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Prayers to those 230 employees expecting to find affordable housing down here …

Re: Caterpillar Heading to Texas. [Re: Stub] #8620789 06/15/22 12:58 PM
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They push up trees.


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Re: Caterpillar Heading to Texas. [Re: J.G.] #8620790 06/15/22 12:58 PM
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Originally Posted by FiremanJG
Originally Posted by Biscuit
Wonder if the Illinois leaders even understand why so many are leaving ?



Nope, too stupid.

Same as the gun makers that have been in the northeast for hundreds of years are heading south.


'Gunsmith told me Henry moved to Wisconsin? wtf


...and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth. Gen. 1:28
Re: Caterpillar Heading to Texas. [Re: Creekrunner] #8620799 06/15/22 01:05 PM
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Is most of WI red or blue? I really don't know.

I failed to say west also. I think Weatherby went to Wyoming.


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Re: Caterpillar Heading to Texas. [Re: Biscuit] #8620802 06/15/22 01:07 PM
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Originally Posted by Biscuit
Wonder if the Illinois leaders even understand why so many are leaving ?


Not a chance.


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Re: Caterpillar Heading to Texas. [Re: MeanGreen85] #8620809 06/15/22 01:14 PM
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Originally Posted by MeanGreen85
Prayers to those 230 employees expecting to find affordable housing down here …


200 of those 230 employees are the top executives in the country. Notice the news release doesn't say they are moving all of their Peoria employees, just those that are in Deerfield. The HQ was moved out of Peoria roughly 4-5 years ago to Deerfield, but the rest of folks stayed.

Last edited by TLew; 06/15/22 01:14 PM.
Re: Caterpillar Heading to Texas. [Re: TLew] #8620825 06/15/22 01:43 PM
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Originally Posted by TLew
Originally Posted by MeanGreen85
Prayers to those 230 employees expecting to find affordable housing down here …


200 of those 230 employees are the top executives in the country. Notice the news release doesn't say they are moving all of their Peoria employees, just those that are in Deerfield. The HQ was moved out of Peoria roughly 4-5 years ago to Deerfield, but the rest of folks stayed.


All those exec's will probably want to move to Frisco, or even that place by the PGA/OMNI golf course area on 380. The Fields - https://fieldsfrisco.com/

Re: Caterpillar Heading to Texas. [Re: Jsullivanj] #8620829 06/15/22 01:44 PM
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Originally Posted by Jsullivanj
Originally Posted by TLew
Originally Posted by MeanGreen85
Prayers to those 230 employees expecting to find affordable housing down here …


200 of those 230 employees are the top executives in the country. Notice the news release doesn't say they are moving all of their Peoria employees, just those that are in Deerfield. The HQ was moved out of Peoria roughly 4-5 years ago to Deerfield, but the rest of folks stayed.


All those exec's will probably want to move to Frisco, or even that place by the PGA/OMNI golf course area on 380. The Fields - https://fieldsfrisco.com/


I would wager more on Westlake, Southlake, Trophy Club, etc. given the Irving location

Re: Caterpillar Heading to Texas. [Re: Stub] #8620835 06/15/22 01:50 PM
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Cat already has a big presence in Irving. This will be more of a "virtual" move to take advantage of Texas corporate taxes. Just like when Oracle moved HQ from California to Austin, only a handful of folks actually physically moved.


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Re: Caterpillar Heading to Texas. [Re: Stub] #8620840 06/15/22 01:53 PM
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My son works for Caterpillar here. He is in Illinois this week. They have a heat wave going on now he said the they are not ready for Texas. roflmao

Re: Caterpillar Heading to Texas. [Re: bill oxner] #8620871 06/15/22 02:21 PM
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Originally Posted by bill oxner
They push up trees.


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Re: Caterpillar Heading to Texas. [Re: TLew] #8620932 06/15/22 03:46 PM
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Originally Posted by TLew
Originally Posted by Jsullivanj
Originally Posted by TLew
Originally Posted by MeanGreen85
Prayers to those 230 employees expecting to find affordable housing down here …


200 of those 230 employees are the top executives in the country. Notice the news release doesn't say they are moving all of their Peoria employees, just those that are in Deerfield. The HQ was moved out of Peoria roughly 4-5 years ago to Deerfield, but the rest of folks stayed.


All those exec's will probably want to move to Frisco, or even that place by the PGA/OMNI golf course area on 380. The Fields - https://fieldsfrisco.com/


I would wager more on Westlake, Southlake, Trophy Club, etc. given the Irving location


Agree on close to Irving!


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Re: Caterpillar Heading to Texas. [Re: Espy] #8620975 06/15/22 05:14 PM
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Originally Posted by Espy
My son works for Caterpillar here. He is in Illinois this week. They have a heat wave going on now he said the they are not ready for Texas. roflmao


What is it, 88° there?


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Re: Caterpillar Heading to Texas. [Re: Stub] #8621043 06/15/22 07:12 PM
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I think the news said Chicago hit triple digits the earliest it ever has this year

Re: Caterpillar Heading to Texas. [Re: Stub] #8621045 06/15/22 07:14 PM
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Just looked that’s heat index temps.

Dadgum hot though

Re: Caterpillar Heading to Texas. [Re: Stub] #8621072 06/15/22 07:51 PM
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Fry the Yankees! A lot of them still haven’t discovered a/c.



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