Business
5:21 pm
Fri April 5, 2013

Caterpillar plans layoffs at Decatur plant

  Caterpillar will lay off more than 450 workers this summer at its Decatur plant that builds products used in mining.  Cat spokeswoman Rachel Potts says the company is laying off the employees in June.  It’s part of cuts in response to reduced global demand for mining equipment.Potts says the Decatur cuts will be permanent.  That’s opposed to temporary layoffs at other Cat locations.  Potts would not say whether more job cuts are planned in the near future.  The cuts come at a tough time for Decatur. The state Department of Employment Security says the town has an unemployment rate of 13.7 percent.  That’s the highest among Illinois' metro areas