Equipment Type

Caterpillar Will Consider Retaining Jobs in U.S. Under Trump

Cat CEO glad the focus is on jobs

December 09, 2016

Under a Donald Trump government, Caterpillar Inc. will consider keeping jobs in the U.S. that may have otherwise been shifted abroad, CEO Doug Oberhelman said.

Bloomberg.com reports that during a CNBC Squawk Box interview with Caterpillar's outgoing CEO, Oberhelman said he thinks 3 percent growth in the economy is "reasonable".

“This is the first time we’ve had a pro-business government, all three branches -- and I still can’t believe this, I haven’t looked it up, people tell me all the time -- since 1928,” said Oberhelman, who will step down from the position next month. “That is worth something.”

Oberhelman's CNBC interview clips are available here:

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