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Caterpillar Outsourcing Peoria Financial Jobs to Third-Party Firm

Caterpillar, Inc.

Caterpillar financial and accounting employees in Peoria may soon be looking for new work. 

The company told employees Thursday that it will partner with Accenture for some of these processes. This means some of Caterpillar's financial and accounting work will transfer to Accenture. 

"Together with Accenture, the team will continue to assess the work and resources needed. We are not estimating job impacts currently but do anticipate some impact," said Caterpillar spokeswoman Kate Kenny. 

Peoria is Caterpillar's financial hub in the United States. The city served as the company's global headquarters for 90 years before moving to the Chicago suburbs in 2017. 

Other impacted locations include Tianjin, Geneva, Bangalore, Belfast, and Panama. 

Editor's note: The spokesperson's name is Kate Kenny, not Kate Kelly as previously written. 

Tim was the News Director at WCBU Peoria Public Radio. He left the station in 2025.