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TRUCKMAKERS NEWS * USA - Caterpillar Lays Off 814
Mossville,ILL,USA - Traffic World, by John Gallagher -18 Dec 2008: -- Heavy duty truck engine manufacturer Caterpillar is laying off 814 employees at its engine assembly plant in Mossville, Ill., representing more fallout from declining demand for freight transportation in the weak economy. The layoffs will begin Feb. 23... Caterpillar said volumes at the facility dropped sharply in recent months due to reduced demand for on-highway truck engines and engines for Caterpillar construction vehicles... The company said the layoffs are not related to a decision in June to exit the 2010 engine market in the United States to focus instead on heavy-duty trucks outside North America through an alliance with Navistar...
Labels: truckmakers' news USA
posted by Unknown @ 5:00 PM
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