Decatur – Earlier this
month Caterpillar announced hundreds of layoffs at the Decatur plant.
The company is cutting 460 jobs. Now the first quarter net income is
out, and the company says the number shrank and is also predicting smaller 2013
sales and profits because the mining business is slowing down.
In the past two years caterpillar has invested an estimated 500
million in its Decatur
plan. The layoffs will start in June.
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