Caterpillar’s Move Discussed at City Council

Local News

Peoria city council members talked about caterpillar’s decision to move its global headquarters and top execs to the Chicago area Tuesday night.

Second district councilman Chuck Grayeb pointed to a letter from the CEO of OSF Healthcare, which said the company will stay in Peoria.

Grayeb credited Mayor Ardis for helping diversify the economy, instead of only relying on Caterpillar.

The councilman also said it’s important to keep that diversity going if Peoria wants to stay competitive on a global level.

“Going back to the early 90’s when I first ran for office, we were talking about the need to diversify the economy. Thank God we have diversified the economy to a great degree with healthcare now being our number one employer,” Grayeb said.

Mayor Jim Ardis also spoke about 9,000 jobs coming to the area over the next 24 months, thanks to partnerships with the Greater Peoria Economic Development Council. 

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