NAMA Shortcuts
Member Directory
Best of NAMA 2014
Upcoming Events
Chapters
Agri-Marketing Conf
More NAMA












CATERPILLAR TO CLOSE THREE ILLINOIS FACILITIES
Source: Caterpillar Inc. news release

Caterpillar Inc. said it will close two production plants and a distribution facility in Illinois and shift the work to a plant in Michigan.

The move is a cost-cutting measure, the company said, and will mean the loss of about 170 jobs.

The three plants -- two in Sterling and one in Dixon -- belong to Anchor Coupling, a subsidiary of Caterpillar. Anchor Coupling makes hydraulic hose assemblies for Caterpillar machines.

The transition is expected to be completed in the first quarter 2015. Caterpillar said employees who are displaced will be offered severance packages from the company.


Search News & Articles



















Proudly associated with:
American Business Media Canadian Agri-Marketing Association National Agri-Marketing Association
Agricultural Relations Council National Association of Farm Broadcasters American Agricultural Editors' Association Livestock Publications Council
All content © Copyright 2014, Henderson Communications LLC. | User Agreement