DECATUR- Good news could be coming for
Caterpillar and it could mean jobs here in Decatur.
The U.S. Export- Import Bank
tentatively approved a 694 million dollar loan that would support 3,400 CAT jobs, hundreds of which could come to Decatur.
It would allow a new iron ore mine in
Australia to buy up cat mining equipment, which is made at the
The bank's board of directors sent the
loan to congress for 35 day review. Congress would have to approve
it before that loan could go through.