“We’re invested heavily here, and we are going to work together to find a way to invest more here, and continue to be proud of our state.” “We’ve got a lot of good things going for us in Illinois,” Oberhelman said of his company.
#CATERPILLAR ED RUST UPDATE#
*** UPDATE *** Caterpillar CEO Doug Oberhelman said the two men had an “excellent meeting” and that he was “pleased” with Gov. Quinn would make a good Caterpillar salesman.Ĭheck back later for audio and more updates. At one point, Oberhelman reportedly said that Gov. Well, that pretty much negates every theory about how the Caterpillar CEO is so furious about the tax hike that he’s preparing to leave at the drop of a hat. Oberhelman said Tuesday he thought an income tax increase was inevitable and that he looks forward to working with Quinn in addressing the other areas to help Illinois‚ economy, with worker‚s compensation and increasing exports being chief concerns. Īfter the meeting, Oberhelman attempted to quell the speculation of the Fortune 500 company leaving by saying Caterpillar “ is here to stay.” Oberhelman and Quinn then renewed their commitment to making Illinois a more appealing place to do business, with Quinn highlighting the need to keep the company in state to ensure economic growth. Quinn and Caterpillar Inc., CEO Doug Oberhelman met Tuesday to assure a commitment to increasing Illinois exports and reforming the costly working compensation system in an effort to make Illinois‚ business climate more competitive. * If this story doesn’t knock down all the people cheering for Illinois’ demise, I don’t know what will… Next Post: HB 14 – “The Wrong Bill, at the Worst Time” *** UPDATED x1 - Praise is thick as two talk *** Caterpillar CEO: Cat’s here to stay, and state income tax hike was inevitable Previous Post: Finally, a little good news
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