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

Sign up for the Daily Update email

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

  • LR charter school application withdrawn for this year

    Friendship Aspire Academy has withdrawn its request to move up plans to open a charter school in Little Rock by a year to take advantage of a vacant building being remodeled by the Walton Family Foundation for another charter operator that withdrew.
    • Jun 20, 2018
  • Another prison death under investigation

    John Howell, 58, who was serving a life sentence for capital murder in Garland County, died shortly before 7 p.m. Tuesday after being found unresponsive on the floor of his barracks at the Cummins Unit, a spokesman said.
    • Jun 20, 2018
  • With Trump, of course, there's a catch

    So the heroic Donald Trump proposes a compromise to tearing families apart - jailing them indefinitely.
    • Jun 20, 2018
  • More »

Readers also liked…

Most Recent Comments



© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation