Caterpillar Laying Off More Than 400 at Illinois Plant

Caterpillar laying off employees as part of an ongoing series of production cuts

Friday, Apr 5, 2013  |  Updated 11:35 AM CDT
View Comments (
)
|
Email
|
Print
Caterpillar Laying Off More Than 400 at Illinois Plant

Getty Images

advertisement

Caterpillar Inc. says it plans to lay off more than 460 employees this June at its plant in Decatur.

Rachel Potts, a spokeswoman for the Peoria-based company, said Friday that Caterpillar is laying off the employees as part of an ongoing series of production cuts.

Caterpillar has said those cuts are in response to reduced global demand for mining equipment. The plant in Decatur builds products used in mining.

Cuts in some other locations have been temporary. Potts said the Decatur cuts are permanent.

Potts would not say whether more job cuts are planned in the near future.

The cuts come at a tough time for Decatur. The state Department of Employment Security says the town has the highest unemployment rate among Illinois' metro areas at 13.7 percent.

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
What's New
Get Our Weather App
Stay ahead of the storm with the NBC... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out