Tag: Caterpillar plant closing

Construction Equipment

Cat to close Waco Work Tools plant, cut 200 jobs

With the better part of a year and a few consecutive positive earnings reports since the company had closed a facility or eliminated jobs, it seemed like Cat may be through with cuts associated with a massive cost reduction plan announced in 2015. However, the company has decided that it will close its Work Tools […]

February 27, 2018

Construction Equipment

Caterpillar to close attachment manufacturing facility in Iowa

A facility in Elkader, Iowa, is the latest Caterpillar plant to see an announced closing date as the companys continues its cost reduction efforts. According to a report from KCRG TV, the Elkader facility manufactures excavator buckets, wheel loader buckets and dozing blades. The move will cut 75 jobs, the station reports, and Caterpillar says it will be […]

March 21, 2017

Business

Caterpillar to close 3 Illinois component plants, move work to Michigan

Caterpillar has announced that it will close three of its plants in Illinois in order to consolidate the work at a single plant in Michigan. The plants are all facilities of Anchor Coupling, a wholly-owned subsidiary of Cat that manufacture or distribute hydraulic hose assemblies used in heavy equipment from Cat and other manufacturers, according […]

June 9, 2014

Business

Caterpillar to shut down South Carolina engine plant, relocate production, cut 510 jobs

Caterpillar has announced that it is relocating production of engines from a plant in Fountain Inn, South Carolina to plants in Georgia and Texas. In all, the move will eliminate 380 full-time and 130 temporary jobs. Caterpillar is offering severance packages to the full-time employees and says that some of those employees may be considered […]

April 30, 2014

Business

The latest in a string of closings, Caterpillar to shutter Virginia mining equipment plant, lay off 240 workers

The decrease in demand for mining equipment is still hurting Caterpillar as the company has announced plans to close another mining equipment plant and lay off an additional 240 workers. The Pulaski, Virginia plant manufactures coal haulers and other equipment and is slated for shutdown by mid-2014, according to a report from Reuters. The announcement is […]

November 18, 2013