Caterpillar Moving Headquarters From Chicago To Texas
Caterpillar is the latest big company moving its headquarters from crime ridden Chicago to greener pastures in Texas.
The company has had some of their operations in Texas for many years, but now it will become their base.
It’s Illinois’ loss but Texas’ gain.
Blue states are running out of the geese that lay golden eggs.
[i]It's kind of a big deal. I remember Caterpillar being a significant employer in Illinois.
But, since Biden insists that the economy is great, Caterpillar prolly won;t be missed.[/i]
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TexChik · F
Lots of companies have moved their world HQ here. Many moved to the city I work in . I never expected this big migration but I am glad I got on board with it early . It ha been nothing short of amazing for me professionally. Our Governor works very hard to attract businesses to move to Texas . On top of no state income tax , Texas still gives some property tax abatements . Then Texas still upholds the constitution, does not do the covid mandate crap, and is fighting lib influence in our schools
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Scribbles · 31-35, F
Caterpillar is a global giant in construction and mining equipment. They employ people all over the world. The Ceo has been very vocally unsatisfied with Illinois for about a decade. It's been impossible to expand business there despite wanting too. It is a business loss for Illinois.
I'm not sure why you feel the need to be a dick about it. I can understand celebrating gaining Caterpillar, but... Do you kick at anything/everything that's blue?
To my knowledge, Caterpillar's headquarters was based in Deerfield which is in a very safe neighborhood. Chicago does have a gun violence problem but it's mostly in 12-15 neighborhoods that are warzones out of the seventy or eighty something neighborhoods. Most places in Chicago are as safe as any other city. Chicago has been expanding violence prevention programs in the high risk areas which has dropped gun violence by 40 -50 percent where it's been very focussed on a couple neighborhoods for example.
Btw, Caterpillar is only moving their headquarters which is only hundreds of workers to Texas. So you haven't gained much yet. Perhaps sometime in the future they'll start some factories there as well. And will likely shift workers around to other states like they have done in the past. But they aren't moving the 20000 workers in Illinois or firing them either.
I'm not sure why you feel the need to be a dick about it. I can understand celebrating gaining Caterpillar, but... Do you kick at anything/everything that's blue?
To my knowledge, Caterpillar's headquarters was based in Deerfield which is in a very safe neighborhood. Chicago does have a gun violence problem but it's mostly in 12-15 neighborhoods that are warzones out of the seventy or eighty something neighborhoods. Most places in Chicago are as safe as any other city. Chicago has been expanding violence prevention programs in the high risk areas which has dropped gun violence by 40 -50 percent where it's been very focussed on a couple neighborhoods for example.
Btw, Caterpillar is only moving their headquarters which is only hundreds of workers to Texas. So you haven't gained much yet. Perhaps sometime in the future they'll start some factories there as well. And will likely shift workers around to other states like they have done in the past. But they aren't moving the 20000 workers in Illinois or firing them either.
Scribbles · 31-35, F
@Funtoy4u @Funtoy4u I know people who have moved to keep their jobs with Cat too.
I am aware it has nothing to do with violence in Chicago and everything to do with business and taxes, and unions, etc but the author mentioned Chicago violence so I responded about it. 🙄
As for when Caterpillar moved to Deerfield is irrelevant, I'm pretty sure I remember him complaining about Illinois before moving and even before they did their merge or buyout or whatever of Bucyrus and that was about ten years ago.
@Budwick I agree that it is a big deal. But I don't think it's the big deal that you personally are making it out to be. Don't count your chickens until they hatch is all I mean.
I am aware it has nothing to do with violence in Chicago and everything to do with business and taxes, and unions, etc but the author mentioned Chicago violence so I responded about it. 🙄
As for when Caterpillar moved to Deerfield is irrelevant, I'm pretty sure I remember him complaining about Illinois before moving and even before they did their merge or buyout or whatever of Bucyrus and that was about ten years ago.
@Budwick I agree that it is a big deal. But I don't think it's the big deal that you personally are making it out to be. Don't count your chickens until they hatch is all I mean.
Budwick · 70-79, M
@Scribbles [quote] But I don't think it's the big deal that you personally are making it out to be. [/quote]
Caterpillar moved - that's the whole story. It's a big company moving because of a negative business climate. If that's not a concern of yours, then I guess it's no big deal.
Recently, Ohio mentioned a BIG INTEL plant being built in Ohio. Land prices are going up in the planned location - suppliers want to build offices close by. Property values headed up in anticipation of new residents. This after 30 days from announcement. But, nothing to see here, right?
Caterpillar moved - that's the whole story. It's a big company moving because of a negative business climate. If that's not a concern of yours, then I guess it's no big deal.
Recently, Ohio mentioned a BIG INTEL plant being built in Ohio. Land prices are going up in the planned location - suppliers want to build offices close by. Property values headed up in anticipation of new residents. This after 30 days from announcement. But, nothing to see here, right?
Funtoy4u · 61-69, M
They just moved from Peoria to Chicago a few years ago. They are trying to get away from that super democrat/union state just like many other businesses. Illinois is horrible on taxes. I have many relatives and friends (myself included) that left for better pastures. Illinois sucks!
Thinkerbell · 41-45, F
stratosranger · M
Carla · 61-69, F
All of 207 employees will be affected. They are moving to an existing texas facility.
The majority of caterpillars work force will still be in Illinois.
Wow! Big news there, bud🙄
The majority of caterpillars work force will still be in Illinois.
Wow! Big news there, bud🙄
Funtoy4u · 61-69, M
@Carla I am from a caterpillar family. My grandfather, father, 2 uncles, 2 brothers and a nephew have worked there. 3 still do. Cat will not be upgrading the Illinois plants. Instead they will be opening in more "right to work" friendly states like they recently did in Tennessee and Georgia. They moved 3 of my friends from Peoria to Nashville in the past 2 years.
Budwick · 70-79, M
@Carla [quote]Wow! Big news there, bud[/quote]
Whoopsi - my bad - It's just their global headquarters moving.
Nothing to see here.
It's all good - Illinois is glad they are moving, cuz it's so good for Illinois, even though Caterpillar said " Illinois' business climate no longer works for this company".
So, you're right Carla, if we say it doesn't mean anything, we can become as clueless as the president is about the economy.
Whoopsi - my bad - It's just their global headquarters moving.
Nothing to see here.
It's all good - Illinois is glad they are moving, cuz it's so good for Illinois, even though Caterpillar said " Illinois' business climate no longer works for this company".
So, you're right Carla, if we say it doesn't mean anything, we can become as clueless as the president is about the economy.
Freeranger · M
Whoa.....that's huge.
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