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Caterpillar is moving its headquarters to Chicago[/caption]
Caterpillar is moving its headquarters to Chicago and will not build a new complex in its current Peoria, Illinois.
The move comes as the company faces a weak equipment market cutting into its bottom line.
Last week, Caterpillar reported a wider fourth-quarter loss on charges and higher restructuring costs.
It has been cutting jobs and manufacturing sites over the past several years.
