Although recent reports hint that Caterpillar Inc.'s chief executive is contemplating moving the manufacturer's headquarters outside Illinois, Cat Chairman and CEO Doug Oberhelman says that�s not true. Photo: Tudor Van Hampton for ENR Peoria, Ill., became the official home of Caterpillar after Calif.-based Holt Tractor Co. and C.L. Best Tractor Co. merged in 1925. "I want to stay here," says Oberhelman in a March 21 letter to Illinois Gov. Pat Quinn (D), in which the Woodstock, Ill., native admits being "wined and dined" by other state governors trying to lure Cat to move its longtime headquarters in Peoria, Ill. "You've
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.