Over 800 to be laid off from Cat’s Mossville plant
Caterpillar Inc. said on Thursday it would lay off hundreds of workers at an engine factory early next year in response to what it called a significant drop in demand for the plant’s products.
The company said that it had notified 814 workers at its Mossville, Illinois engine assembly. The layoffs are to take effect February 23, 2009 and last “indefinitely.”
The plant makes diesel powerplants used in commercial trucks made by companies like Paccar Inc (PCAR.O: Quote, Profile, Research, Stock Buzz) and Navistar International Corp (NAV.N: Quote, Profile, Research, Stock Buzz) as well as some of Caterpillar’s own earth-m
Tough times indeed. On a personal note, my Uncle Harold worked as an engineer at Mossville for decades. The dad of my best friend in grade school was a plant superintendent there.