SEVERE WX : Freeze Watch View Alerts

Caterpillar could cut nearly 900 jobs

Caterpillar could eliminate nearly 900 jobs in the US and Central America, the company said on Friday.Job cuts...

Posted: Mar 17, 2018 12:32 PM
Updated: Mar 17, 2018 12:32 PM

Caterpillar could eliminate nearly 900 jobs in the US and Central America, the company said on Friday.

Job cuts will happen at locations in Texas and Panama as part of a restructuring, a spokeswoman said. Employees were notified earlier this year, she said.

The heavy equipment manufacturer also said it is "contemplating the closure" of an engine factory in La Grange, Illinois, which is part of its subsidiary Progress Rail, a supplier of railroad and transit products. The closure, if it happens, would eliminate 600 full-time jobs in engine manufacturing. The company said it might be "transitioning" its rail manufacturing to facilities in Winston-Salem, North Carolina, as well as "outside suppliers." The company said the employees were informed in January.

Caterpillar is planning to close its work tools facility in Waco, Texas, by the end of 2018, eliminating 200 job and contractor positions there, the company said. The employees were notified last month. The company plans to move the manufacturing to Wamego, Kansas, and also to "external suppliers."

Caterpillar also confirmed that it's closing a facility in Panama, and that 80 jobs will be eliminated. The company said these workers were informed in January.

The cost-cutting measures come even as a growing global economy is boosting demand for its heavy-duty equipment. The company reported in January that quarterly sales grew 18%, its first increase since 2012.

Related: Caterpillar reports sales boom

Sales in North American grew by 46% driven by selling and leasing machinery for home building, infrastructure and for the oil and gas industries. Sales were also boosted by increased spending in China.

The company added 3,000 employees last year to meet demand, bringing its total workforce to 98,000.

Lafayette
Mostly Cloudy
69° wxIcon
Hi: 67° Lo: 43°
Feels Like: 69°
Kokomo
Partly Cloudy
65° wxIcon
Hi: 64° Lo: 43°
Feels Like: 65°
Rensselaer
Cloudy
55° wxIcon
Hi: 58° Lo: 38°
Feels Like: 55°
Lafayette
Mostly Cloudy
69° wxIcon
Hi: 62° Lo: 40°
Feels Like: 69°
Danville
Partly Cloudy
65° wxIcon
Hi: 66° Lo: 42°
Feels Like: 65°
Frankfort
Partly Cloudy
64° wxIcon
Hi: 66° Lo: 39°
Feels Like: 64°
Frankfort
Partly Cloudy
64° wxIcon
Hi: 64° Lo: 41°
Feels Like: 64°
Monticello
Mostly Cloudy
63° wxIcon
Hi: 66° Lo: 42°
Feels Like: 63°
Monticello
Cloudy
63° wxIcon
Hi: 66° Lo: 42°
Feels Like: 63°
Logansport
Cloudy
64° wxIcon
Hi: 65° Lo: 41°
Feels Like: 64°
Mild Monday Before Snow And Freezing Conditions
WLFI Radar
WLFI Temps
WLFI Planner

Indiana Coronavirus Cases

Data is updated nightly.

Cases: 708067

Reported Deaths: 13224
CountyCasesDeaths
Marion964881721
Lake51704945
Allen39185672
Hamilton34497405
St. Joseph34075540
Elkhart27306432
Vanderburgh22077394
Tippecanoe21818212
Porter17940299
Johnson17526374
Hendricks16803310
Clark12688190
Madison12350337
Vigo12211244
Monroe11462166
LaPorte11140204
Delaware10356184
Howard9662211
Kosciusko9127114
Hancock7979139
Bartholomew7888155
Warrick7684155
Floyd7560176
Wayne6899198
Grant6842171
Boone6552100
Morgan6395138
Dubois6084117
Marshall5783108
Dearborn570076
Cass5684102
Henry5577100
Noble542483
Jackson493269
Shelby479095
Lawrence4342118
Gibson428789
Harrison428170
Clinton419053
Montgomery417986
DeKalb410984
Whitley379639
Huntington379480
Miami372565
Knox366389
Steuben365257
Putnam352660
Jasper350546
Wabash347778
Adams337952
Ripley334668
Jefferson313180
White308354
Daviess289299
Wells286381
Decatur278992
Fayette277162
Greene270685
Posey268833
Scott261153
Clay253444
LaGrange253070
Randolph235680
Washington230931
Spencer227931
Jennings224747
Fountain208745
Sullivan207842
Starke204352
Owen192256
Fulton191739
Jay186129
Carroll185820
Perry180336
Orange177853
Rush170724
Vermillion166043
Franklin165635
Tipton160943
Parke144616
Blackford133831
Pike130334
Pulaski113645
Newton103934
Brown100140
Crawford97614
Benton97113
Martin82815
Warren79615
Switzerland7698
Union69910
Ohio55811
Unassigned0409

COVID-19 Important links and resources

As the spread of COVID-19, or as it's more commonly known as the coronavirus continues, this page will serve as your one-stop for the resources you need to stay informed and to keep you and your family safe. CLICK HERE

Closings related to the prevention of the COVID-19 can be found on our Closings page.

Community Events