Cat continues to construct a new plant near Athens, Ga. while ramping up a new plant in Victoria, TX. and at another plant near Winston-Salem, N.C while renovating a 1929 building in E. Peoria. Cat stock has lost $33 a share this year and predicts $3 billion less revenue for 2012 and predicts flat demand for 2013.
Some layoffs are scheduled for November-December in E. Peoria and other locations not made public in any of the news I read or hear.
On Oct. 14, the JS stated that general admission to their new $37 million (original commitment was for $51 million) Caterpillar Visitors Center wing of the boondoggley Peoria Riverfront Mausoleum (er, Museum) would be $7 for adults with a limit of four children under the age of 12, free.Seniors, 55 or older and active and inactive military veterans, $6. Free admission for Cat individual employees, retirees, dealers and customers.