Caterpillar Inc. is coming to downtown Tucson, bringing hundreds of six-figure jobs to the region, Arizona’s governor and local officials announced this morning.

The regional headquarters of the manufacturer of construction and mining equipment will bring more than 600 jobs to Tucson over five years with employees in executive management, engineering, product development and support positions.

The majority of the jobs will be relocated employees from around the globe. The state estimates the economic impact to Southern Arizona at $600 million.

“This is a huge win for Tucson and the entire region,” Gov. Doug Ducey said today. “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.”

Moves are set to begin in the coming weeks.

Between 40 and 60 employees will relocate into the county-owned building at 97 E. Congress St., while a new facility is built for Caterpillar, also be in the downtown area.

Caterpillar has a proving ground near Green Valley that opened in 1990. The company also has a large plant in Monterrey, Mexico, and suppliers throughout Northern Mexico.