More job losses at Caterpillar

By Becca Wilkins03 February 2009

Caterpillar D7E dozer

Caterpillar D7E dozer

Caterpillar is axing production jobs at its Illinois-based Aurora, Decatur and East Peoria manufacturing facilities to "bring production levels in line with current demand."

The 2110 US job losses are in addition to the planned 20000 redundancies that were announced by the company last week.

A total of 500 jobs will go at the Aurora wheeled loader and hydraulic excavator manufacturing plant, with 1026 being cut at the off-highway truck, motor grader and wheeled tractor scraper manufacturing factory in Decatur. A further 584 redundancies will be made in East Peoria, where Caterpillar makes track-type tractors (dozers) and pipelayers.

In addition to the production employees, a total of 416 support and management workers at the three factories have also been notified of job cuts, Caterpillar said.

Other Caterpillar business units are currently determining the level of layoffs and separations needed to reach the previously announced plan to reduce the company's support and management workforce, the company said.

As previously announced Caterpillar is rapidly executing strategic "trough" plans and implementing actions throughout the company to deal with a "very challenging global business environment."

Bob Williams, Caterpillar vice president for the Americas Operations Division, said, "It is never easy to take steps that impact the lives of our employees and their families. But over the last few months, recessionary conditions have had a very negative impact on our customers and we must drastically reduce our production levels and cost structure in order to remain competitive for the long run."

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Construction Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Longer Reads
7 ways construction is tackling sustainability
As the need for sustainability becomes more apparent across the globe, firms are launching new proposals to meet these growing demands
10 ways to join the hydrogen power revolution
Interest in the use of hydrogen has soared over the past few years as the construction industry races to reduce its carbon footprint. We roundup some recent initiatives
Telescopic boom lifts - the trends
Higher capacities and 100% electric models are the trend. And what lies ahead for 200ft models, or above?
CONNECT WITH THE TEAM
Andy Brown Editor, International Construction Tel: +44 (0) 1892 786 224 E-mail: andy.brown@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA