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FILE - In this Tuesday, Jan. 31, 2017 file photo, flags fly out the Caterpillar global headquarters building in downtown Peoria, Ill. Caterpillar's recent decision to move 300 top headquarters jobs to the Chicago area made Peoria the latest city with a vacuum to fill. Many midsize communities are looking to redefine themselves as more companies trade longtime hometowns for major cities with easier access to global markets and the lifestyle that talented young workers want, with nightlife and public transit. (Ron Johnson/Journal Star via AP File)

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FILE - In this Tuesday, Jan. 31, 2017 file photo, flags fly out the Caterpillar global headquarters building in downtown Peoria, Ill. Caterpillar's recent decision to move 300 top headquarters jobs to the Chicago area made Peoria the latest city with a vacuum to fill. Many midsize communities are looking to redefine themselves as more companies trade longtime hometowns for major cities with easier access to global markets and the lifestyle that talented young workers want, with nightlife and public transit. (Ron Johnson/Journal Star via AP)

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This Feb. 2, 2017 photo shows merchandise at the Caterpillar visitors center in Peoria, Ill. Caterpillar's recent decision to move 300 top headquarters jobs to the Chicago area made Peoria the latest city with a vacuum to fill. Many midsize communities are looking to redefine themselves as more companies trade longtime hometowns for major cities with easier access to global markets and the lifestyle that talented young workers want, with nightlife and public transit. (AP Photo/Sara Burnett)

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This Jan. 26, 2010, file photo shows Caterpillar equipment available at the Ziegler CAT dealer, in Altoona, Iowa. Caterpillar on Thursday, Sept. 24, 2015, said it is cutting as many as 5,000 jobs as the construction and mining equipment maker pushes to reduce costs while dealing with downturns in key markets that it serves. (AP Photo/Charlie Neibergall, File)

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From left, Rodney Perkins, former Senior International Tax Manager for Caterpillar; Julie Lagacy, Vice President, Finance Services Division of Caterpillar;, and Robin Beran, Chief Tax Officer for Caterpillar, are sworn-in on Capitol Hill in Washington, Tuesday, April 1, 2014, prior to testifying before the Senate Permanent subcommittee on Investigations hearing: "Caterpillar's Offshore Tax Strategy. (AP Photo/Lauren Victoria Burke)

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Caterpillar, which makes the yellow-painted excavators, heavy tractors and other construction equipment often used on road-building projects, cut its 2012 revenue and profit guidance Monday. The company is taking a cautious view toward its performance in 2013 after concluding the world’s economy is weaker than it thought. (Associated Press)

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20121022-192837-pic-566851567.jpg

Caterpillar, which makes the yellow-painted excavators, heavy tractors and other construction equipment often used on road-building projects, cut its 2012 revenue and profit guidance Monday. The company is taking a cautious view toward its performance in 2013 after concluding the world’s economy is weaker than it thought. (Associated Press)