Caterpillar to eliminate 500 jobs - WALB.com, Albany News, Weather, Sports

Caterpillar to eliminate 500 jobs

January 29, 2003

 (Peoria, Illinois-AP) -- Caterpillar is eliminating about 500 jobs as part of an effort to streamline operations at several plants. The action will affect salaried and management jobs within the large power systems division.

Plants in Mossville and Pontiac, Illinois, will be affected, as well as ones in Lafayette, Indiana; Griffin, Jefferson and Thomasville, Georgia; Greenville, South Carolina and Kiel, Germany.

Products from that division include engines for trucks and machines, as well as electric engines, marine engines and engines for the petroleum industry.

Caterpillar spokesman Ben Cordani says the company will try to redeploy the affected employees into other parts of the company.

The Carlton Caterpillar Company which owned dealerships in Albany and several other locations, was sold last year to Yancey Brothers, of Austell.

posted at 10:45AM by dave.miller@walb.com