Caterpillar may build new U.S. excavator plant



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Posted Mar 11, 2010 @ 10:40 AM
Last update Mar 11, 2010 @ 09:12 PM
Caterpillar Inc. announced Thursday it may build a new hydraulic excavator plant in the United States, which could increase the company's excavator employment base in this country.
However, the company did not say what areas of the country it is considering for a new plant that could employ 500 or so.
Caterpillar said it has started to study, as part of its long-term strategic initiative, whether shifting some excavator production from Japan to the United States would best serve its future needs.

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Peoria Hotel Update



Developers competing proporals - A good problem for a City to have.


Our economy certainly needs the stimulus and new jobs, and the Civic Center needs quality hotel rooms attached to the Civic Center if it is to compete with other improved convention center properties.


Read the links below for more information.









The American Planning Association has developed an Economic Development Blog.  Please take a look at this selection of blogs.


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WTVP’s ongoing, locally produced public affairs program. Hosted by series producer H Wayne Wilson, this weekly show provides an in-depth, up-to-the-minute exploration of issues that are important to the people of Central Illinois. One week might feature a look at educational initiatives, another might focus on community issues, while still another might give viewers a chance to ask questions of our elected officials.
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Real Estate Report



Zillow's Monthly Real Estate Market Report for Peoria

According to Zillow's Real Estate Market Reports for January 2010, Peoria home values were up 1.1% compared to December 2009 and up 7.9% compared to January 2009.
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Real Estate Market Reports

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