Inside these posts: Doug Oberhelman

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Caterpillar CEO: Company staying in Ill. for now

Caterpillar CEO Doug Oberhelman at a panel at the U.S. Export-Import Bank in Washington, D.C., March 31, 2011. (Andrew Harrer/Bloomberg)

Caterpillar Inc. leader Douglas Oberhelman emerged from a one-hour meeting with Gov. Pat Quinn Tuesday morning, assuring that the Peoria-based manufacturing titan intends to stay put and help push for improvements in the state’s business climate. Get the full story »

Caterpillar CEO, Quinn meeting today

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. Get the full story »

Caterpillar CEO: No plans to leave Illinois

Caterpillar CEO Douglas Oberhelman speaks at a conference hosted by the U.S. Chamber of Commerce in Washington, D.C., March 30, 2011. (Andrew Harrer/Bloomberg)

News reports that Peoria-based Caterpillar Inc. was thinking of exiting Illinois were misleading, Doug Oberhelman, chairman and chief executive of the construction and mining machine maker, said Wednesday.

The media read too much into his recent letter to Illinois Gov. Pat Quinn, he said. Get the full story »

Caterpillar to take a break from acquisitions

Caterpillar Inc. will likely take a break from acquisitions after reaching three large deals in the past year, executives at the world’s largest maker of heavy equipment said.

The company will be focused on closing its $7.6 billion takeover of mining equipment maker Bucyrus International, and then on integrating that new operation into the rest of its business, Chief Executive Doug Oberhelman said. Get the full story »

Caterpillar CEO had health scare

From the Peoria Journal Star | Caterpillar CEO Doug Oberhelman said Friday that he had a health scare more than two years ago, and is now going public with his health issues to influence others — including within Caterpillar — to manage their health.