• If you are having problems logging in please use the Contact Us in the lower right hand corner of the forum page for assistance.

Cat Layoffs From Coal Restrictions

Mike

Well-known member
Buckwheat said he would bankrupt them...........

CHICAGO (Reuters) - Caterpillar Inc said on Friday it was laying off 460 workers at a U.S. plant that makes mining equipment.

The layoffs will affect about 11 percent of the workforce at the Decatur, Illinois, factory and reflect softening demand from the global mining industry, which is cutting back on capital investment because of a retreat in commodity prices.

The CAT logo is seen on back of a Caterpillar excavator machine at a work site in Detroit
Ads by Google

Caterpillar, which had already implemented temporary layoffs and line shutdowns as well as a shortened work week in Decatur, said the permanent layoffs were needed to "bring production in line with demand."

It said the job cuts would take effect in 60 days.

Caterpillar is the world's largest maker of mining equipment. The Peoria, Illinois-based company also makes construction equipment, gas turbines and diesel engines, and railroad locomotives.
 

Sandhusker

Well-known member
How can people be so damn stupid to vote for this idiot - and vote for him again? You have to want to be stupid. I can't sugarcoat it any better than that.
 

Faster horses

Well-known member
Sandhusker said:
How can people be so damn stupid to vote for this idiot - and vote for him again? You have to want to be stupid. I can't sugarcoat it any better than that.

I can forgive stupidity but not ignorance. It's ignorance on the part of the
voters that re-elected the jackass.
 
Top