Steel Markets

Caterpillar Moving Headquarters from Illinois to Texas

Written by Laura Miller

Caterpillar Inc. is relocating its global headquarters from Deerfield, Ill., to an existing office in Irving, Texas, near Dallas-Fort Worth.

The steel-intensive heavy equipment manufacturer has had a presence in Texas since the 1960s.

Illinois will continue to have the largest concentration of Caterpillar employees despite the headquarters move.

“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,” chairman and CEO Jim Umpleby said.

In 2021, Caterpillar posted sales and revenues of $51 billion.

By Laura Miller,

Laura Miller

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