Japan to Georgia

[jagyzf]

Here is an article on the expantion of a plant in ND.

Caterpillar expansion to create 250 new jobs in ND - Yahoo! Finance

IMO Cat is one of the good companies out there.

http://www.bbc.co.uk/news/magazine-15630581

Here is plant under construction that they already feel they can expand.
http://www.constructionequipment.com/cat-expand-excavator-facility-texas

 

[Scooby074]

Cat has been bringing jobs back to the states for years. It's more than just cheap labor. How many companies can say that?

Cat built a plant in the mid west to build combines with Claas. They have been bringing engine and power gen jobs back here to the states. Now as shown they are going to open a truck plant in AL.

I read a long time ago they were going to bring more stuff into the states. Probably 15 years ago or so in construction mag. From what I have seen over the years this has been the case.

BBC News - Is corporate America the key to US job growth?
From this story.
Since the start of 2010, Caterpillar has taken on 30,000 new employees worldwide. Some 40% of those new jobs were created in the US. And some 325 jobs are being created over five years at the plant where Mr Reaves works.


Of course you have to look to local papers and overseas news to see anything positive about corp america.

The problem is the London case IS purely about labour. Imagine your boss walked in one day and said "Give up 50% of your pay, or were shuttin down". That's what Cat did to the loyal workers in London.

Cat had no intention of negotiating or even making a fair offer. They knew the workers would never accept. They had full intentions of moving the plant to a cheaper place that was offering them millions in incentives. They used the lowball offer to basically make the workers look like the bad guys here "forcing" them to close the business.

Purely by coincidence, the plant was closed a mere 36 hrs after right to work legislation was signed in Indiana where Cat has a similar plant.

 

[jagyzf]

The problem is the London case IS purely about labour. Imagine your boss walked in one day and said "Give up 50% of your pay, or were shuttin down". That's what Cat did to the loyal workers in London.

Cat had no intention of negotiating or even making a fair offer. They knew the workers would never accept. They had full intentions of moving the plant to a cheaper place that was offering them millions in incentives. They used the lowball offer to basically make the workers look like the bad guys here "forcing" them to close the business.

Purely by coincidence, the plant was closed a mere 36 hrs after right to work legislation was signed in Indiana where Cat has a similar plant.

Like I said, I read about this at least 10-15 years ago. The reasons cited were exchange rates and overseas labor unions, they were tired of dealing with. This is a problem with unions, at some point they can get too powerful. No different than an employer pre-union, there has to be a balance.

 

[tcartwri]

Cat has been bringing jobs back to the states for years. It's more than just cheap labor. How many companies can say that?

Cat built a plant in the mid west to build combines with Claas. They have been bringing engine and power gen jobs back here to the states. Now as shown they are going to open a truck plant in AL.

I read a long time ago they were going to bring more stuff into the states. Probably 15 years ago or so in construction mag. From what I have seen over the years this has been the case.

BBC News - Is corporate America the key to US job growth?
From this story.
Since the start of 2010, Caterpillar has taken on 30,000 new employees worldwide. Some 40% of those new jobs were created in the US. And some 325 jobs are being created over five years at the plant where Mr Reaves works.


Of course you have to look to local papers and overseas news to see anything positive about corp america.

That's nonsense. They said the same thing when they took the stimulus money from the Ontario government. They had no intention of honoring the deal.

The company they bought in London builds train locomotives, and had been in business for almost a century. Cat now owns all of their techinical and engineering expertise, patents, etc... and will move the jobs to the cheapest labor market they can find.

 

[JasG]

That's nonsense. They said the same thing when they took the stimulus money from the Ontario government. They had no intention of honoring the deal.

The company they bought in London builds train locomotives, and had been in business for almost a century. Cat now owns all of their techinical and engineering expertise, patents, etc... and will move the jobs to the cheapest labor market they can find.

Did Cat get the money, or the company Cat bought the company from?

From what I read Cats plan all the long was to buy them just for intellectual property. EDM was bankrupt or close to it, either way these people were going to lose their job.

So what is Cat suppose to do, continue to run the company at a loss? Is it any surprise this company until 2005 was a division of GM?

http://www.canadianbusiness.com/art...-closes-plant-because-of-economics-not-unions

Don't get me wrong, it sucks when a company goes under. My employer has bought failed companies and moved production to our plant. This happens, and as far as employees at the failed company, they would lose their job anyway. If this is the case is it Cats fault?

 

[Taylortractornut]

Cats Chinese plants make models like the D6G Its an oval track powershift kind of old school simple dozer. Its manufactured in Brazil Japan China and Indonesia at cat plants in those countries.

http://www.inter-ts.ru/caterpillar/d6g.pdf

 

[JasG]

Cats Chinese plants make models like the D6G Its an oval track powershift kind of old school simple dozer. Its manufactured in Brazil Japan China and Indonesia at cat plants in those countries.

http://www.inter-ts.ru/caterpillar/d6g.pdf

Many companies have chinese plants to get around import taxes. Cat, Deere, CNH and a whole host of others. So much for free trade we keep being told about.

Cats plant in Japan that production is being moved from Japan to GA was a joint venture to get around Japans import taxes.

A company we bought a machine from was telling me to sell in Bazil (this is a MFG machine, not construction) there is a 35% tariff. They were exploring the idea of shipping the parts and building the machines there. Otherwise they could not compete. They felt the market was large enough to make it worth while.

 

[Digdeep]

The problem is the London case IS purely about labour. Imagine your boss walked in one day and said "Give up 50% of your pay, or were shuttin down". That's what Cat did to the loyal workers in London.

Cat had no intention of negotiating or even making a fair offer. They knew the workers would never accept. They had full intentions of moving the plant to a cheaper place that was offering them millions in incentives. They used the lowball offer to basically make the workers look like the bad guys here "forcing" them to close the business.

Purely by coincidence, the plant was closed a mere 36 hrs after right to work legislation was signed in Indiana where Cat has a similar plant.

You are 100% correct it was about labor costs....and the fact that that this is a global economy. I know this sounds terrible, but would you pay $37 per hour (thats what they were making in Ontario) for a contractor at your house, or half that if you could get the same quality? CAT is a $60 billion company for a reason, and they have a responsibility to shareholders to provide an ROI that is acceptable.