Caterpillar Headquarters Will Move To Deerfield

Apr 19, 2017

Caterpillar Inc. has announced it is moving its corporate headquarters from Peoria to the Chicago suburb of Deerfield.

Credit Caterpillar

According to Wednesday’s announcement, the heavy-equipment maker has reached a leasing agreement at a Deerfield office park and expects to relocate 100 employees there this year. About 300 people will be working at the new headquarters by mid-2018.

The company previously announced plans to build a new headquarters complex in Peoria. It cited "challenging market conditions" in cancelling the plan.