Caterpillar's CEO says they've just about had enough ...
In a letter to Gov. Pat Quinn obtained Friday by The Pantagraph of Bloomington, Doug Oberhelman said officials in at least four states have approached Peoria-based Caterpillar about relocating since Illinois raised its income tax in January.
"I want to stay here. But as the leader of this business, I have to do what's right for Caterpillar when making decisions about where to invest," Oberhelman wrote. "The direction that this state is headed in is not favorable to business, and I'd like to work with you to change that."
Oberhelman wrote he has been called, cornered in meetings and wined and dined. He said he had never considered living anywhere else or the possibility of Caterpillar relocating.
"But I have to admit, the policymakers in Springfield seem to make it harder by the day," he wrote.
