Caterpillar announced that it will close its Reman, Components and Work Tools division facilities in Toccoa, Ga., and Franklin, N.C., affecting approximately 275 jobs, according to the Peoria Journal Star. The positions will be returned to the company's foundry in Mapleton, Ill.
Caterpillar also is considering moving some of its component manufacturing operations in Joliet, Ill., to a sister facility in Mexico. The move would affect approximately 230 jobs. A decision is expected in March.
Source: Journal Star