Caterpillar to move global headquarters to Irving, Texas
By Jenny LescohierJune 14, 2022
Caterpillar Inc. is moving its global headquarters once again, this time all the way out of the state of Illinois to its existing office in Irving, TX.
Currently located in Deerfield, IL, the company’s headquarters were in Peoria, IL until its move to the Chicago suburb in 2018. The world’s largest construction equipment manufacturer has been based in Illinois since its inception as Caterpillar Tractor Company in 1925.
There are 230 employees at the Deerfield office, which the company plans to relocate to Irving over time, according to media reports.
“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,” said Chairman and CEO Jim Umpleby.
Caterpillar has had a presence in Texas since the 1960s across several areas of the company. Illinois remains the largest concentration of Caterpillar employees anywhere in the world.
Kate Kenny, global media and public affairs manager, told the Dallas Morning News that talent attraction was one reason for the decision.
“We believe being in the Dallas Fort-Worth market will give us the ability to attract new talent and provide additional career opportunities for our current employees to aid in retention,” she was quoted. “The Irving location provides global access to our employees, customers and dealers with close proximity to two major airports.”
Reports say Caterpillar employed 107,700 workers globally last year, with 63,400 located outside of the U.S.
The company will begin transitioning its headquarters to Irving in 2022.