Importing jobs: Caterpillar (CAT) decides to shift production out of Japan to a new...

|About: Caterpillar Inc. (CAT)|By:, SA News Editor

Importing jobs: Caterpillar (CAT) decides to shift production out of Japan to a new manufacturing facility in North America that will build small track-type tractors and mini hydraulic excavators. The company says it will make a decision on the location of the facility with its +1K jobs by the end of the year. Shares of CAT +1.2% premarket.