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


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.

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Comments (7)
  • davidingeorgia
    , contributor
    Comments (2661) | Send Message
     
    The NLRB will try to make them build it in a closed shop state.
    11 Nov 2011, 08:46 AM Reply Like
  • youngman442002
    , contributor
    Comments (5123) | Send Message
     
    I was thinking the exact same thing...they will be forced to go to a Union State...key word here is forced
    11 Nov 2011, 08:54 AM Reply Like
  • OptionManiac
    , contributor
    Comments (3498) | Send Message
     
    Right, we have to keep hourly wages suppressed so our dividend payouts can be raised.
    11 Nov 2011, 09:25 AM Reply Like
  • firstinsnow
    , contributor
    Comments (631) | Send Message
     
    Come on, we need the manufacturing here in the US. Cut the crap, this is a good thing.
    11 Nov 2011, 11:58 AM Reply Like
  • OptionManiac
    , contributor
    Comments (3498) | Send Message
     
    Totally agree, good for both US workers and the company.
    11 Nov 2011, 12:03 PM Reply Like
  • Bulcio
    , contributor
    Comments (2) | Send Message
     
    CAT welcome back home in USA.
    12 Nov 2011, 07:46 AM Reply Like
  • OptionManiac
    , contributor
    Comments (3498) | Send Message
     
    Here here! And hopefully, others will follow.
    12 Nov 2011, 10:14 AM Reply Like
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