Business

Layoffs planned at Clayton Caterpillar plant

Posted March 17, 2010

— Caterpillar Inc. officials announced Wednesday that the company plans to cut 121 jobs at its Clayton facility in the next two months.

The company is in the midst of revamping its Building Construction Products Division, which includes the Clayton facility, spokesman Jim Dugan said.

Eventually the company hopes to increase the number of wheel-loader models produced at the Clayton plant. A major construction project inside the plant is also planned this year.

The company also hopes to shift some production now in England to the Clayton facility.

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  • seaturtlesrule Mar 18, 11:12 a.m.

    God bless the workers and their families who did nothing wrong but be Americans...

    change is coming! very sad...

  • FromClayton Mar 18, 9:36 a.m.

    thoughts and prayers to my Cat neighbors...

  • usnret Mar 18, 9:33 a.m.

    Some people just don't get it. This administration isn't sending the jobs overseas, it's the company. Send jobs overseas, profits increase, stocks go up. The winners are the corporate execs, and shareholders. The losers are the workers and the taxpayers who have to pay unemployment and MEDICAL care. Oh and by the way, we have to retrain these workers for the lower paying jobs in the service industry, the only industry that is showing promise of growth.

  • pattip574 Mar 18, 9:28 a.m.

    my prayers for these poor people.

  • TheAdmiral Mar 17, 7:26 p.m.

    Dearest Marxists, Socialists, and those who are call yourself democrat in name only.

    I would like to say one thing about your belief that Obama has lead us out of this now soon to be a double dip recession from the musical talents of the group: Journey.

    "Don't Stop Believin'......"

  • whatusay Mar 17, 6:43 p.m.

    Thanks Obama. Maybe the free health care will off-set the loss of a job, and food, and gas, and a home.

  • BIGDAWGShouse Mar 17, 6:32 p.m.

    3forme...that is because of the progressive agenda....corporate taxes in this country used to be the lowest in the world now we are 42nd in the world...less taxes-I would move too!

  • 5-113 FA Retired Mar 17, 6:23 p.m.

    I'm so releived you economy-minded schollars have this all figured out. What really puzzels me is, as brilliant as you think you are you're missing one very important part of the process; a solution. You see, an absent-minded fool can easily convince others of a problem, but what differentiates the problem identifiers from everyone else is possessing a full compliment of genes and chromasomes. It's kind of like comparing the human race with republicans. Bush was a great role model for you, wasn't he?

  • whatelseisnew Mar 17, 6:21 p.m.

    Odd. I saw a report 2 or 3 days ago that Cat was bringing jobs back from China. It seems the cost of shipping is eating up any savings.

  • ILTBF Mar 17, 6:20 p.m.

    3forme -- "Inventory is still being built just in a different place.. like brazil and England."

    Do you know that for fact? Please provide factual data to substantial your statement. The US still has a pretty favorable foreign exchange ratio with these countries. England is not exactly a low-labor country and has continue to lose manufacturing jobs. Brazil -- Typically, American equipment manufacturers have built factories in Brazil to meet local content laws and not for the export market. It costs a lot of $$'s to ship twenty ton heavy-duty machinery to the US market. Caterpillar is expanding production of diesel- and gas-powered gensets in South Carolina. Labor rates are not significantly different between NC and SC....why would CAT expand in SC and contract in NC? I still say it is more market and long-range plan related.

    Thanks for the discussion!

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