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Caterpillar to close Pulaski plant

  • Caterpillar (CAT) will reportedly close a plant in Pulaski, Virginia.
  • The move will affect 240 workers.
  • The company has now announced at least three plant closures in the last four weeks, with mining equipment plants set to close in Beckley, West Virginia and Kilgore, Texas.
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Comments (2)
  • microquest
    , contributor
    Comments (4) | Send Message
     
    I live in Illinois. This has been kept very quiet and OUT OF LOCAL NEWS. IL law requires companies to issue 'WARN NOTICES'. Since IL charges so much tax for individuals AND businesses, CAT tried to get IL to give them relief of some taxes to stay in IL. I guess that's not going to happen the way CAT wants it to happen. But the AURORA CAT plant near me is CLOSING. If you don't believe me, then go to this URL for proof from the State of IL WARN website. It is in the September 2013 WARN notices group; about the 4th company listed in that PDF:

     

    http://bit.ly/1iiw7nQ

     

    That is the September, 2013 IL WARN document stashed away from public view. So, add in another 1500 CAT jobs in IL to the Texas CAT plant closure, the Summerville, SC CAT plant closure, the Beckley, WV CAT plant closure, the Pulaski, VA CAT plant closure, and the 500-600 layoffs at their main plant in Peoria, IL as well which were announced back in April/May.

     

    We are also facing a final shutdown of Dominick's Supermarket owned by Safeway furloughing another 6600 employees on December 28th. Not looking good in No. Ilinois.
    16 Nov 2013, 08:13 AM Reply Like
  • MHOrmond
    , contributor
    Comment (1) | Send Message
     
    I used to work for Caterpillar and it's a well managed company unlike the federal government. Government needs to back off and encourage business to flourish. Caterpillar like many companies would love to expand and hire more people which depends on a growing economy. Government regulation should work to stimulate growth and not suppress growth.
    16 Nov 2013, 09:12 AM Reply Like
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