Caterpillar Inc. plans to spend several months studying ways to modernize its 45-year-old Peoria headquarters.
The Fortune 500 heavy-equipment maker said Monday that the study will focus on the company's facilities, technological and organizational needs.
Caterpillar spokesman Jim Baumgartner says in a news release that Caterpillar has evolved from a primarily domestic company when the headquarters was built in 1967 to a global corporation with extensive overseas sales. Caterpillar has regional headquarters in other locations.
The company says the study will help it create what it calls a corporate headquarters footprint in Peoria.
Last year CEO Douglas Oberhelman reminded Gov. Pat Quinn that the company has out-of-state suitors to prompt the governor to work on improving the state's economy. But Oberhelman later said he wasn't threatening to leave Illinois.
Friday, May 24 2013 2:58 PM EDT2013-05-24 18:58:27 GMT
Several military families were honored in Orland Park on Friday, and got to meet country music superstar Tim McGraw. Five of those families are from the Chicago area, and they were excited to meet him.
Several military families were honored in Orland Park on Friday, and got to meet country music superstar Tim McGraw. Five of those families are from the Chicago area, and they were excited to meet him.
Jacqueline Goldberg, 87, lost her $6 million lawsuit against Donald Trump on Thursday. Goldberg's attorney, Shelly Kulwin, spoke with FOX 32 News about the verdict in the Chicago condo trial.
Jacqueline Goldberg, 87, lost her $6 million lawsuit against Donald Trump on Thursday. Goldberg's attorney, Shelly Kulwin, spoke with FOX 32 News about the verdict in the Chicago condo trial.
Friday, May 24 2013 12:58 PM EDT2013-05-24 16:58:00 GMT
CTA Ventra payment card holders who use the card's controversial debit features won't be charged for talking to public transit customer service operators or using the cards for cash ATM withdrawals.
CTA Ventra payment card holders who use the card's controversial debit features won't be charged for talking to public transit customer service operators or using the cards for cash ATM withdrawals.
Friday, May 24 2013 12:51 PM EDT2013-05-24 16:51:23 GMT
Hawthorne Scholastic Academy Principal Nate Petrini spent the night on the roof of his school after losing a bet with his students. He challenged his students to a read-a-thon, and they answered the call.
Hawthorne Scholastic Academy Principal Nate Petrini spent the night on the roof of his school after losing a bet with his students. He challenged his students to a read-a-thon, and they answered the call.
Friday, May 24 2013 12:14 PM EDT2013-05-24 16:14:37 GMT
An Evanston high school varsity baseball team will not play in the playoff tournament this weekend after a group of students, including team members, allegedly "sexted" risque photos to each other.
An Evanston high school varsity baseball team will not play in the playoff tournament this weekend after a group of students, including team members, allegedly "sexted" risque photos to each other.
Friday, May 24 2013 10:00 AM EDT2013-05-24 14:00:34 GMT
The Chicago Bears will retire former head coach Mike Ditka's No. 89. The Pro Football Hall of Fame tight end's number will be officially retired during halftime at the Bears' Monday Night Football game Dec. 9.
The Chicago Bears will retire former head coach Mike Ditka's No. 89. The Pro Football Hall of Fame tight end's number will be officially retired during halftime at the Bears' Monday Night Football game Dec. 9.
205 N. Michigan Avenue Ground Floor Chicago, IL 60601 Station Operator: (312) 565-5532 Newsroom: (312)565-5533
