Caterpillar expansion a boon for Peoria local economy

12/31/2007 | (Peoria, Ill.)

Caterpillar Inc.'s expansion in Peoria, Ill., has provided an employment windfall for the community, says Paul Gordon, business editor of the Peoria Journal Star. The heavy-equipment company has created 450 manufacturing jobs since 2006 and has hired 4,500 new employees during the past several years to replace retiring workers, writes Gordon.

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