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Quinn And Caterpillar Boss Plan A Talk

Posted by wlpo on April 4, 2011

SPRINGFIELD, Ill. (AP) – Gov. Pat Quinn plans to talk to the head of Caterpillar Inc. about Illinois business climate, countering the efforts of other states to lure the company away.

Quinn and Caterpillar CEO Doug Oberhelman are scheduled to meet Tuesday morning. Oberhelman said in a letter to Quinn last month that several states attempted to land the Peoria-based heavy equipment manufacturer after Illinois raised income taxes. He says the letter was not a threat to move, but an attempt to shed light on concerns about Illinois policies. He says Illinois officials are making it harder for companies like Caterpillar to stay in the state.

Oberhelman has said the letter was never intended as a threat to move the Fortune 500 manufacturer’s headquarters out of Illinois.

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