Caterpillar announced this summer a study to look at options for upgrading its headquarters. Wednesday, Peoria County Board chairman Tom O'Neill said that new facility will be downtown.
O'Neill says the exact location hasn't been selected yet. It could mean rehabbing Caterpillar's existing facility or demolishing it and building new.
WMBD 31 News spoke with Caterpillar. The company says it hasn't made any decisions.
"The headquarters study that we announced earlier this year is going well and the study team is making good progress, but it still ongoing," Caterpillar spokesman Rusty Dunn said. "We have more work to do and information is still being gathered. "
Caterpillar's downtown administration building opened in 1967. The company says the building was state of the art when it was built, but doesn't have the infrastructure to support today's needs or the future's.
Related: Caterpillar Announces Headquarters Study, Caterpillar Announces Next Step in Headquarters Study
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