Caterpillar ClosingBy: KCTN News
Mar 17th, 2017
KCTN HAS LEARNED THAT THE CATERPILLAR PLANT IN ELKADER WILL BE CLOSING ITS FACILITY ELIMINATING 75-JOBS. EMPLOYEES WERE REPORTEDLY TOLD YESTERDAY OF THE NEWS AND WERE GIVEN TODAY OFF. THE PLANT WILL RE-OPEN ON MONDAY TO CONTINUE OPERATIONS WITH THE PLANS TO CLOSE THE FACILITY BY THE END OF THE YEAR. THE COMPANY EMPLOYEES 75-PEOPLE AT THE WORK TOOLS FACILITY AND RECENTLY HAS MANUFACTURED LARGE BUCKETS, MOSTLY FOR THE CONSTRUCTION INDUSTRY. PLANS ARE TO MOVE PRODUCTION TO THE WAMEGO, KANSAS FACILITY.
OFFICIAL STATEMENT FROM CATERPILLAR
Caterpillar Inc, notified its Elkader, Iowa workforce yesterday that the company intends to close the facility. Operations will be transferred to the Wamego, Kansas facility. Approximately 75 Caterpillar management and production positions will be affected.
The actions taken today will help optimize current and future manufacturing operations and leverage the existing support structure in order to make the best use of manufacturing capacity.
The company expects the product transition from Elkader to Wamego to be complete by the end of 2017. Caterpillar knows this is difficult for its employees and families, but steps must be taken to position the company for long-term success.