Caterpillar facility in Panama under threat in jobs cull
Tuesday, March 20, 2018
Heavy equipment maker Caterpillar is closing a major factory in Texas and smaller one in Panama, according to a report from Reuters.
The news outlet cited a Caterpillar spokeswoman saying she confirmed the company will close its work tools facility in Waco, TX and its demonstration center in Panama, resulting in a potential loss of up to 880 jobs.
Source: Manufacturing Net