Breaking News Bar
updated: 2/8/2012 12:25 PM

Caterpillar rules Illinois out of plant plans

hello
Success - Article sent! close
  • Caterpillar Inc. has ruled Illinois out of plans to relocate a factory and 1,400 jobs from Japan. The Peoria-based heavy-equipment maker cited both logistical problems and ongoing concerns about the state's business climate.

      Caterpillar Inc. has ruled Illinois out of plans to relocate a factory and 1,400 jobs from Japan. The Peoria-based heavy-equipment maker cited both logistical problems and ongoing concerns about the state's business climate.
    Associated Press

 
Associated Press

PEORIA -- Caterpillar Inc. has ruled Illinois out of plans to relocate a factory and 1,400 jobs from Japan. The Peoria-based heavy-equipment maker cited both logistical problems and ongoing concerns about the state's business climate.

Caterpillar laid out its decision Tuesday in an email to leaders in Peoria County. The county was one of fewer than a dozen Illinois locations trying to win the new plant.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

In the email, the company says it considered factors including port access and labor markets in deciding Illinois won't work. The email also says a key factor was proximity to Caterpillar's division headquarters in Cary, N.C.

Caterpillar spokesman Jim Dugan would only say Wednesday that a location will be announced by April 1.

A spokeswoman says Gov. Pat Quinn hopes to address some concerns about Illinois' business climate that Caterpillar Inc. cited in its decision not to build a new plant in the state.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.