Caterpillar Cuts Jobs

[TAbbott]

From Light & Medium Truck Report:

"Caterpillar Announces Job Cuts



Engine manufacturer Caterpillar Inc. on Friday said it would reduce its workforce and shift some of its production capacity from truck to marine engines ahead of the rollout of the Environmental Protection Agency’s 2007 emission standards, Bloomberg reported.



Without specifying how many jobs it would cut, Caterpillar said it plans to eliminate positions at truck engine facilities in Mossville, Ill. , and Greenville, S. C. , Bloomberg said.



Caterpillar said the Mossville plant will reduce engine production to 100 units a day from 600, while the Greenville facility will switch its focus to marine engines, Bloomberg reported. "



Caterpillar sees tough times ahead for its truck engine business as industry demand tapers ahead of the rollout of the new cleaner, less fuel-efficient 2007 engines, Bloomberg said. L&MT

 

[MA2LA]

as industry demand tapers ahead of the rollout of the new cleaner, less fuel-efficient 2007 engines, Bloomberg said. L&MT

is it just me or does the less fuel efficient part just make you shake you head. i just love the idea that as long as the motor is cleaner who cares how much fuel it burns.

 

[TAbbott]

I shake my head at all of it. My prediction is that we're about to see engines from every manufacturer with problems reminiscent of the old 350 GM's from the early 80's. Not the same problems, obviously, but other problems that will be equally troublesome.