Caterpillar, Inc. is moving its mining and technology offices to downtown Tucson.
Arizona Gov. Doug Ducey announced the move in a press release. The facility will add 600 jobs to the economy and is expected to have a $600 million economic impact.
"This is a huge win for Tucson and the entire region," said Ducey. "In addition to bringing jobs and capital investment to Southern Arizona, a project of this level will have a ripple effect throughout the community and state. I'd like to thank the Caterpillar team for their commitment to and confidence in Arizona. I'd also like to thank our partners, the Arizona Commerce Authority, Sun Corridor Inc., Pima County, Rio Nuevo District and the City of Tucson, for their hard work in bringing this project to our state. This is an excellent example of Arizona's attractiveness to businesses as well as our strength in collaborative economic development."
Caterpillar has been in the state for more than 70 years, including its presence at the Tucson Proving Ground and Tinaja Hills Demonstration Center.
Curious about what @CaterpillarInc does down in Green Valley? This will give you some idea: https://t.co/VYq7dUM82m
— Official Pima County (@pimaarizona) May 3, 2016