DECATUR- Caterpillar has announced
rolling layoffs will continue. A representative from the company has
not said how many people will be laid off here or for how long, but
he says that these temporary layoffs are a necessary step.
Caterpillar has announced the short
term layoffs are to bring production in line with demand.
90 percent of what is made at the
Decatur plant is exported and so it's global demand that's impacting
Spokesperson Jim Dugan wouldn't give
any information specific to the Decatur plant, but released this
statement: "These actions vary from location to location, but
impact both production and support and management employees. We know
this is difficult for our employees, but we are taking steps to
position the company for long term success."
Although these layoffs aren't
permanent local experts say it's bound to have an impact on economy.
These layoffs aren't just happening
here, but are also happening at locations in Peoria.