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Caterpillar to shut 5 U.S. plants, cut more than 800 jobs

 
Lamb of God 25

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04/28/2016 10:12 PM
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Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
Caterpillar Inc. said Thursday it will close five U.S. plants and shed about 820 positions as the construction-equipment maker continues to scale back its production and workforce in response to falling demand.

The cutbacks are part of a strategy outlined by the Peoria, Ill.-based company in September to trim its workforce by about 10,000 positions and close or consolidate about 20 facilities through 2018. The company said Thursday it has shed about 5,300 positions so far.
Lamb of God 25  (OP)

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04/28/2016 10:12 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
[link to www.marketwatch.com]
Anonymous Coward
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04/28/2016 10:13 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
Chrysler announced shutting down 2 plants today

moving to mexico
Anonymous Coward
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04/28/2016 10:14 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
Chrysler announced shutting down 2 plants today

moving to mexico
 Quoting: Anonymous Coward 71715476


good thing we let Fiat buy chrysler.
DARTH SILIOUS
Abrasive Fuck

User ID: 70574113
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04/28/2016 10:15 PM

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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
Caterpillar has always been hailed as a leading indicator..

Not good.
Peace is a lie, there is only passion.
Through passion, I gain strength.
Through strength, I gain power.
Through power, I gain victory.
Through victory, my chains are broken.
The Force shall free me.

Or something
Dr. Rorschach Watchmen

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04/28/2016 10:15 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
Thats crazy, one of my friends works for a crane company that does their cranes throughout the manufacturing facilities. He just did a job over in eastern WA, at a brand new plant.

That wasn't long ago.
“When you’re dead you’re dead, but you’re not quite so dead if you contribute something”

-John Dunsworth
Anonymous Coward
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04/28/2016 10:15 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
Thread: Fiat Chrysler to move Jeep SUV production from Belvidere to Mexico
Dr. Rorschach Watchmen

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04/28/2016 10:17 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs


Cool, if Trump becomes president they will move back.
“When you’re dead you’re dead, but you’re not quite so dead if you contribute something”

-John Dunsworth
Anonymous Coward
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04/28/2016 10:17 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
Fuck it, shut the whole mother fucker down....I remember way back in the 80's when we were losing our steel industry....nobody but a few really gave a shit.....now we have very little left.....This country is DONE. Stick a fork in it.
Halcyon Daze

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04/28/2016 10:19 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
This news SHOULD drop the Dow by 300 tomorrow but we all know the stock market is total BS these days.
Anonymous Coward
User ID: 71715476
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04/28/2016 10:20 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
somebody send to trump asap
Anonymous Coward
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04/28/2016 10:25 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
bump for the pin

where are the mods
Anonymous Coward
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04/28/2016 10:27 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
I work for the same company. Chinese and Japenese equipments are ripping us off very badly. Trump can only fix the problem.
Lamb of God 25  (OP)

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04/28/2016 10:27 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
pinit
Anonymous Coward
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04/28/2016 10:27 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
This news SHOULD drop the Dow by 300 tomorrow but we all know the stock market is total BS these days.
 Quoting: Halcyon Daze


no way dude every time there's bad economic news the 'market' carsh upwards. DOW up big tomorrow

5a
Anonymous Coward
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04/28/2016 10:30 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
Hope and Change strikes again!

Those $15/hr burger flipping jobs are going to be needed more than ever.
Anonymous Coward
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United States
04/28/2016 10:32 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
It takes Cat tractors to mine coal.

Oh wait! That's right... 0bama has a war on coal.

So, how much sympathy should we have for every coal miner and every Caterpillar employee and everyone who lives in a coal mining town or depends on coal miners for their business that voted for 0bama???

FUCKING ZERO!!! THAT'S HOW MUCH!!!

Fuck every goddamned one of them that voted for 0bama!!!!
DARTH SILIOUS
Abrasive Fuck

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04/28/2016 10:32 PM

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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
This news SHOULD drop the Dow by 300 tomorrow but we all know the stock market is total BS these days.
 Quoting: Halcyon Daze


LOL that's the most bullish news EVER!!!

ugh
Peace is a lie, there is only passion.
Through passion, I gain strength.
Through strength, I gain power.
Through power, I gain victory.
Through victory, my chains are broken.
The Force shall free me.

Or something
Anonymous Coward
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United States
04/28/2016 10:35 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
This news SHOULD drop the Dow by 300 tomorrow but we all know the stock market is total BS these days.
 Quoting: Halcyon Daze


Bad news makes them smell more QE, more heroin to pump in their veins.

.
Anonymous Coward
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04/28/2016 10:36 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
Americans are so distracted by sports, television and movies that we let our prosperity be taken away.
Anonymous Coward
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United States
04/28/2016 10:41 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
so how does that effect gay people
Nefarious Libertine

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04/28/2016 10:43 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
Caterpillar must be peddling fiction
We do not learn from history because our studies are brief and prejudiced. In a surprising manner, 250 years emerges as the average length of national greatness. This average has not varied for 3,000years. The stages of the rise and fall of great nations seem to be:
The Age of Pioneers , The Age of Conquests ,The Age of Commerce ,The Age of Affluence ,The Age of Intellect ,The Age of Decadence.
Decadence is marked by: Defensiveness, Pessimism, Materialism,Frivolity An influx of foreigners The Welfare State A weakening of religion. Decadence is due to: Too long a period of wealth and power, Selfishness Love of money ,The loss of a sense of duty.
The life histories of great states are amazingly similar, and are due to internal factors. Their falls are diverse, because they are largely the result of external causes. - Sir John Glubb The Fate of Empires
We are at the end of the Age of Decadence heading into COLLAPSE
Anonymous Coward
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04/28/2016 10:44 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
Part of a larger global plan of wealth transfer to the third world in order to make economies even out to eventually have one world economy with one world currency under a Marxist new world order with 1 unelected dictator.
This is not by accident.
Lamb of God 25  (OP)

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04/28/2016 10:54 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
Part of a larger global plan of wealth transfer to the third world in order to make economies even out to eventually have one world economy with one world currency under a Marxist new world order with 1 unelected dictator.
This is not by accident.
 Quoting: Anonymous Coward 68838499


+1
Anonymous Coward
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04/28/2016 11:02 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
somebody send to trump asap
 Quoting: Anonymous Coward 71715476




he can't stop what's coming

as prophecy continues to be fulfilled

that's what's inevitable and unstoppable

above all
Anonymous Coward
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United States
04/28/2016 11:03 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
Caterpillar Inc. said Thursday it will close five U.S. plants and shed about 820 positions as the construction-equipment maker continues to scale back its production and workforce in response to falling demand.

The cutbacks are part of a strategy outlined by the Peoria, Ill.-based company in September to trim its workforce by about 10,000 positions and close or consolidate about 20 facilities through 2018. The company said Thursday it has shed about 5,300 positions so far.
 Quoting: Lamb of God 25


caterpiller best heed the warnings keep the jobs in america, or get the fuck out america don't come back, because trump will tax the fuk right out the them.


if your not part of america get to fuck .. take your shit.
Anonymous Coward
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04/28/2016 11:06 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
pin it
Useless Cookie Eater

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04/28/2016 11:11 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
Caterpillar Inc. said Thursday it will close five U.S. plants and shed about 820 positions as the construction-equipment maker continues to scale back its production and workforce in response to falling demand.

The cutbacks are part of a strategy outlined by the Peoria, Ill.-based company in September to trim its workforce by about 10,000 positions and close or consolidate about 20 facilities through 2018. The company said Thursday it has shed about 5,300 positions so far.
 Quoting: Lamb of God 25


Komatsu
Mahindra
Hitachi
Volvo
Terex

...etc etc.


Can you say FREE TRADE AGREEMENTS?
Sure you can.


trpright
Anonymous Coward
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Germany
04/28/2016 11:13 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
well, you guys wanted change....

workdone1
Anonymous Coward
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04/28/2016 11:17 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
bump
Anonymous Coward
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04/28/2016 11:17 PM
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Re: Caterpillar to shut 5 U.S. plants, cut more than 800 jobs
Caterpillar is opening plants all over china





GLP