Peoria shares success story with Sterling
STERLING – Economies change, and for river cities, that brings the added challenge of transforming a riverfront.
Distilleries once fueled the Peoria economy, but today it is powered by manufacturing and health care jobs. Agriculture implement giants Caterpillar and Deere & Co. have helped pave the way to sustained growth. The city took two gut-punches in 2017 when Caterpillar announced it would move its corporate headquarters to the Chicago area, and abandon plans for a huge office project in the downtown. Easing the pain are the nearly 12,000 jobs the company has kept in Peoria.