Caterpillar posts 4Q loss on tax charge, but adjusted EPS up
DEERFIELD, Ill. (AP) — Caterpillar Inc. on Thursday reported a loss of $1.3 billion in its fourth quarter, driven down by a hefty charge related to tax reform.
DEERFIELD, Ill. (AP) — Caterpillar Inc. has announced it is moving its corporate headquarters from Peoria, Illinois to the Chicago suburb of Deerfield.
In making the announcement Wednesday, Caterpillar CEO Jim Umpleby noted the Deerfield headquarters will be minutes from O'Hare International Airport and a convenient rail ride to Chicago.
Caterpillar hires former US attorney general after raid
PEORIA, Ill. (AP) — Caterpillar Inc. is hiring a former U.S. attorney general to help it sort out matters that sparked a federal raid on its headquarters in central Illinois.
William P. Barr will serve as outside counsel to the large equipment manufacturer. He'll help Caterpillar review and address issues relating to Caterpillar SARL, a Swiss parts subsidiary, and tax-saving practices.
Incoming Caterpillar CEO brings 3 decades of experience
PEORIA, Ill. (AP) — Caterpillar Inc. officials say the company's new CEO is bringing experience in the global markets and an understanding and respect for the company's place in central Illinois.
The Journal Star reports (http://bit.ly/2etsuj4 ) that the construction and mining equipment company announced Monday that Jim Umpleby will replace Doug Oberhelman as CEO on Jan. 1. Oberhelman will retire March 31.