DEERFIELD,
Ill. — Caterpillar Inc. 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.
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