Tag: Caterpillar Inc

Caterpillar Moving Its Headquarters From Illinois to Texas

June 15, 2022
Business & MarketsCaterpillar IncCompaniesheadquartersIllinoisLocal NewsRegional-Local NewsSilicon ValleyTexasUS
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DEERFIELD, Ill.—Construction equipment manufacturer Caterpillar said Tuesday it is packing up its headquarters from its longtime home state of Illinois and moving to Texas. Caterpillar Inc. said that it’s transferring its global base to the Dallas suburb of Irving, from Deerfield, outside Chicago. The company had been based in Peoria, Illinois, for over 90 years…

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Caterpillar May Hike Prices Again, Experiencing Production Delays

October 29, 2021
Business & EconomyCaterpillar IncCompaniesinflationMarketsRefinitivshutdowns
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Caterpillar Inc. said on Thursday that inflation may force it to further hike prices across the board as the manufacturer tries to navigate through production delays that resulted in the company’s first revenue miss this year. “This has been the first quarter where it (supply chain challenges) started to impact us significantly,” Chief Financial Officer…

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