CAT stays and grows in Illinois

Published 01/28 2013 10:16PM

Updated 01/29 2013 11:12AM

PEORIA -- One company nearly lured out of Illinois by states with higher tax benefits continues to grow here. Caterpillar posted record sales in 2012 and revenues of more than $65 billion.

That's an increase of 10% from 2011. Profit per share was also an all-time record at $8.48. Cat's 2013 outlook is cautious. Company leaders believe economic growth will be weak.

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