Tuesday, October 06, 2015

Local Caterpillar Plant Could Absorb Job Cuts Without Penalty Under Terms Of Agreement With Oconee County And Athens-Clarke County

During Restructuring

When Caterpillar announced on Sept. 24 that it plans to cut 10,000 employees and consolidate and close more than 20 facilities around the world, it left unspecified which plants would be impacted.

In its news release, which has been the source of much of the reporting on the announcement, Caterpillar would say only that “There are many factors that impact these contemplated decisions” as well as their timing.