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.
"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.