Caterpillar Inc., (IW 1000/71) the world's leading manufacturer of construction and mining equipment, has selected Tucson, Ariz., as the new location for its surface mining and technology offices.
The Tucson facility will create more than 600 projected new Arizona jobs over five years, with employees in executive management, engineering, product development and support positions.
The state has estimated the economic impact of Caterpillar's consolidation in Southern Arizona at $600 million.
"The ability to get closer to our customers and tightly collaborate across all aspects of the business is at the center of our strategy," said Tom Bluth, Caterpillar vice president with responsibility for Surface Mining and Technology. "This decision positions us to build on the tremendous capabilities present at our Tucson Proving Grounds and Tinaja Demonstration Center and deliver the next generation of mining technology and leadership.
"Southern Arizona is a growing region known for a workforce rich in mining, technology, and engineering expertise as well as an attractive quality of life for both families and young graduates," added Bluth.
Caterpillar has had a more than 70-year presence in the state, and its Tucson Proving Ground and Tinaja Hills Demonstration Center locations currently have a workforce of approximately 300 people. This move significantly expands the company's presence in the state, bringing total Caterpillar employment in Southern Arizona to nearly 1,000.