The Journal Sentinel reports Caterpillar is consolidating and closing down all operations on the south side of Milwaukee's Rawson Avenue and moving them across the avenue to the Caterpillar-owned campus by the end of this year.
Lisa Miller, spokesperson for Caterpillar, told the paper the consolidation is not expected to impact employment at this time. “These actions will enhance Caterpillar’s ability to meet the needs of its customers with world-class electric rope shovels and draglines,” Miller said in an email.
The 32.5-acre Rawson facility is owned by a New York real estate investment firm and was listed for sale last July by Colliers International Wisconsin for $15 million.
The complex sits between Milwaukee, 10th and Rawson avenues, stretching three long blocks from east to west and six blocks north to south in the heart of South Milwaukee.
In other Caterpillar news, according to the company's SEC filing in early January, Cat's new headquarters are officially at 510 Lake Cook Road, Deerfield, IL. Principal executive offices are no longer in Peoria.
image:Colliers International Wisconsin.