Montgomery Business
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Caterpillar offers retirement to 2,000 workersFeb 10, 2009 10:00 pm - Caterpillar Inc. said it would offer a voluntary retirement package to about 2,000 production employees in Illinois and other states. The plan announced today is in addi...
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Caterpillar will cut another 2,110 production jobsJan 29, 2009 10:00 pm - PITTSBURGH -- Heavy equipment maker Caterpillar Inc. announced 2,110 new job cuts Friday as it scales back production amid a world economic slowdown. The world's largest...
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Caterpillar posts 32 percent drop in 4Q earnings, will cut 20,000 jobsJan 25, 2009 10:00 pm - Caterpillar Inc.'s fourth-quarter profit dropped 32 percent as the global economic slowdown sapped demand for heavy equipment, forcing the company to lower its 2009 prof...
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Cat to open new plant in Ark.Jan 04, 2009 10:00 pm - LITTLE ROCK, Ark. -- State officials in Arkansas say Caterpillar Inc. will open a new plant in North Little Rock that will build motor graders. Officials say the Caterpi...
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Caterpillar lays off 814 Ill. workersDec 17, 2008 10:00 pm - PEORIA -- Construction equipment maker Caterpillar Inc. says it will lay off 814 employees at its engine assembly facility in Mossville. Caterpillar says volumes at the ...
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Goldman lowers Cat's rating to 'sell'Dec 11, 2008 10:00 pm - Caterpillar Inc., the world's largest maker of backhoes and excavators, fell 5.9 percent in early New York trading after a Goldman, Sachs & Co. analyst lowered his ratin...
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Caterpillar cuts ties with some contract workersDec 04, 2008 10:00 pm - PITTSBURGH -- Caterpillar Inc. has started cutting ties with some contract workers in an effort to lower costs amid the global economic slowdown. In recent days, the com...
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Komatsu, Caterpillar to benefit from China planNov 11, 2008 10:00 pm - China's $586 billion stimulus package to build roads and railways may offer more of a sales boost to Tokyo-based Komatsu Ltd. than U.S. construction- machinery makers su...
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