Caterpillar CEO, Quinn meeting today

By Associated Press
Posted April 5 at 5:41 a.m.

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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  1. JerryH April 5 at 8:48 a.m.

    If history is any guide, which it usually is, Gov. Quinn will roll over and give CAT all sorts of tax breaks to keep it in Illinois. Meanwhile, the individuals who work and pay taxes will continue to have to pay Gov. Quinn’s enormous income tax rate, while still getting hammered on property taxes. It would be nice if a governor thought about working taxpayers for a change.

  2. rod paulson April 5 at 9:11 a.m.

    Quinn is an embarrassment………….good job, unions.

  3. DD April 5 at 10:47 a.m.

    I’m sure that Oberhelman’s CEO bonus pay is in no way threatened by the few extra pennies he’ll have to shell out to do business in Illinois.

  4. Springfield April 5 at 10:56 a.m.

    So, the class warfare is ever vigilant? Let’s get this out in the open DD, you despise any CEO bonus pay! Pcik up the clue phone DD, what we have here is pure political bullhockey! Our Governor will most likely give CAT everything they demand, including the “Pardon” already given by the Obama Administration for the “Cadillac Health Care” plans they offer their employees for which they will not be fined by our federl government.

    Two faced – two mouthed and too fast to shell out the class warfare nonsense!