Caterpillar permanently cuts 460 jobs at Illinois plant

The Business Journal ^ | Apr 5, 2013 | Jeff Engel

[mdittmar]

The gloomy headlines for Caterpillar Inc. continue.

The Peoria, Ill.-based equipment manufacturer (NYSE: CAT) said Friday it’s laying off 460 workers at its plant in Decatur, Ill., or 11 percent of the work force there, according to various media reports.

The announcement comes a week after Caterpillar said it would temporarily cut up to 300 production jobs in South Milwaukee, or about 40 percent of the unionized work force there.

But the Decatur cuts are permanent, Reuters reported.

The company has cited a need to “bring production in line with demand” in both decisions.

The series of actions include “some short-term temporary layoffs and other actions” that impact both production and support and management employees at various locations, Caterpillar has said.

At the same time, Caterpillar has begun contract negotiations with local representatives of the United Steelworkers union, which represents about 800 workers in South Milwaukee. The current contract expires at the end of April.

There was some tension before negotiations even started. Read more here.

Caterpillar has its global mining equipment unit based in Oak Creek.

[knarf]

Thank you .. I didn’t expect that.

[JSteff]

For me as someone who lives in PA just a few miles from the Caterpillar plant that unions maned picket lines against the firm even when it had already left the state. It took dozens of high paying jobs away and helped to destroy the economy of the region.

Sort of goes against bHo and his love for the working man (union member in bHo language). Unions will, in histories scope be seen as a straw that helped break the camels back in the downfall of our country.

Perfect example of a good thing (right) gone too far.

[Secret Agent Man]

yeah, tablet.

[Graewoulf]

Documentation File on the negative impact of the Obamanation Counterculture on America.