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PEORIA, Ill. (WMBD) — On Monday, Gov. JB Pritzker and the Illinois Department of Natural Resources announced that communities around Illinois will receive funding for local park projects ...
Corn fields in Central Illinois. Central Illinois has a diverse economy consisting of a variety of industries. Agriculture is the most significant industry in the region and ranges in scope from family farms to mass-production farms. Most counties in Central Illinois have an agriculture-based economy. The most common crops are soybeans and corn.
Herc Rentals is an equipment rental company, owned by Herc Holdings. It was formerly a subsidiary of The Hertz Corporation before being spun-off as a separate company in 2016. The company provides rentals of heavy equipment , [ 3 ] tools, power generators and pumps, [ 4 ] as well as sales of used equipment.
CEFCU membership criteria allow employees of Caterpillar Inc. and Caterpillar dealers, partner companies (those working for about 550 specific companies with a CEFCU relationship), plus individuals who live or work in fourteen central Illinois counties, or who live, work, or worship in three California counties to belong to the credit union. [5]
The competition for track-type farm equipment increased in 1925 when the Holt Manufacturing Co. and the C. L. Best Co. of San Leandro, California, merged to form the Caterpillar Tractor Co. When wheat dropped to 25 cents a bushel in 1931, farmers could not afford new farm implements and the new Avery Power Machinery company could not pay its debts.
Caterpillar Inc., also known as Cat, is an American construction, mining and other engineering equipment manufacturer. [6] The company is the world's largest manufacturer of construction equipment. [ 3 ] [ 7 ] [ 8 ] In 2018, Caterpillar was ranked number 73 on the Fortune 500 list [ 9 ] and number 265 on the Global Fortune 500 list. [ 10 ]
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Clark's predecessor was the George R. Rich Manufacturing Company, founded in 1903 in Chicago, Illinois by executives of the Illinois Steel Company. [1] The company moved to Buchanan, Michigan in 1904 when that city's chamber of commerce advertised a financially sound deal with respect to industrial rent and power supply. [1]