Our Past

1995: Peterson buys former Cat plant

Compiled by Erin M. Gentz
Posted 6/17/20

June 21, 1995: In a surprise announcement, Petersen Properties LLC of Rock Island agreed to purchase the abandoned Caterpillar factory building in Mt. Joy. Two Petersen companies, Petersen Tire Mounting Inc. and Petersen Warehousing Corp. would be moving from the Quad Cities Industrial Center in Rock Island and would now be operating out of the plant.

This item is available in full to subscribers.

Please log in to continue

E-mail
Password

Log in