WARN NOTICE: 400 CATERPILLAR AURORA EMPLOYEES TARGETED
Caterpillar has notified Illinois state authorities that it will layoff 400 employees at its Aurora facility in Montgomery, Illinois facility commencing at the end of April 2019. There is no question that the site will be permanently closed and the property sold.
Deerfield, Illinois-based Caterpillar, the iconic manufacturer of earth moving and farming equipment, has announced that it will be closing its heavy machinery plant in Joliet, Illinois and laying off 285 employees. The company will be shifting its operations to its plant in Monterrey Mexico.
The move should not come as a surprise to employees since Caterpillar announced its intentions to shift operations to Mexico in 2015. when approximately 230 employees were laid off. Caterpillar plans to continue its restructuring activities to meet business demands that are affected by world economic cycles and increasing competition from major equipment manufacturers who are moving into the smaller earth moving and farming business. Other mass layoffs are anticipated soon.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere ... are you now wondering, Am I Next?