NLR's gain ... | Arkansas Blog

Monday, June 15, 2009

NLR's gain ...

Posted By on Mon, Jun 15, 2009 at 5:36 AM

... is Peoria's loss. Thanks to Pat Lynch for a link to Chicago business article about Caterpillar's strategic moves.

Caterpillar Inc. is emptying out its Illinois factories at the fastest rate in a quarter-century as it copes with a wrenching drop in global demand by accelerating a shift to producing equipment in lower-cost locales.

After the latest cutbacks, which have been playing out in recent weeks, the number of United Auto Workers members on the job at Caterpillar's factory near Aurora is expected to be down by nearly half, to about 1,100, says Local 145 President Mark Patton. Plants in Pontiac and Decatur are expected to see equal drops, union leaders estimate. And at plants in the company's hometown of Peoria, union employment will be down by a third to 4,400.

Another 600 workers in Decatur could lose their jobs building road graders when Caterpillar opens a plant in North Little Rock, Ark., later this year, and Peoria could lose as many as 800 jobs to a new engine-assembly plant near San Antonio

From the ArkTimes store


Comments (2)

Showing 1-2 of 2

Add a comment

Subscribe to this thread:
Showing 1-2 of 2

Add a comment

More by Max Brantley

Readers also liked…

  • IHOP coming down, but .....

    I always scan the Little Rock City Board for items of interest this week and this one caught my eye: A zoning measure required by a proposal to tear down the IHOP at Markham and University.
    • Apr 30, 2016
  • Presidential thriller, co-author Bill Clinton, coming to bookstores in 2018

    June 2018 is the expected publication date for a novel collaboration by former President Bill Clinton and crime writer James Patterson.
    • May 9, 2017
  • LR speakers blast state board for double standard

    A series of speakers, beginning with Sen. Joyce Elliott, denounced what they saw as a hidden agenda favoring charter schools at the state Department of Education and asked the state Board of Education for return of local control.
    • May 12, 2016

Most Shared

  • Industrial hemp pilot program coming soon to Arkansas

    One of the booths at this week's Ark-La-Tex Medical Cannabis Expo was hosted by the Arkansas Hemp Association, a trade group founded to promote and expand non-intoxicating industrial hemp as an agricultural crop in the state. AHA Vice President Jeremy Fisher said the first licenses to grow experimental plots of hemp in the state should be issued by the Arkansas State Plant Board next spring.

Most Recent Comments



© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation