Caterpillar to Relocate Global Headquarters to Dallas-Fort Worth Area
Caterpillar (NYSE: CAT) announced on June 14, 2022, its decision to relocate its global headquarters from Deerfield, Illinois, to Irving, Texas. Chairman and CEO Jim Umpleby stated this move aligns with the company's strategy for profitable growth and sustainability efforts. Although Texas has been home to Caterpillar since the 1960s, Illinois will continue to host the largest concentration of Caterpillar employees. The transition to the new headquarters is set to begin in 2022.
- The relocation to Texas is seen as a strategic move to support profitable growth.
- Caterpillar has maintained a presence in Texas since the 1960s, indicating established operations.
- None.
DEERFIELD, Ill., June 14, 2022 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today announced it will move its global headquarters to the company's existing office in Irving, Texas, from its current location in Deerfield, Illinois.
"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.
The company will begin transitioning its headquarters to Irving in 2022.
About Caterpillar
With 2021 sales and revenues of
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SOURCE Caterpillar Inc.
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