Union leaders are split on the merits of the revised pay offer made by Caterpillar (CAT) in an...

|About: Caterpillar Inc. (CAT)|By:, SA News Editor
Union leaders are split on the merits of the revised pay offer made by Caterpillar (CAT) in an effort to end a strike at the company's plant in Joliet, Ill. The president of the local branch of the International Association of Machinists and Aerospace Workers says he will not recommend acceptance, but an IAM district official believes the offer contains "significant improvements."