Tuesday, March 17, 2009

Caterpillar To Layoff Hundreds In Indiana

Obama lied, families cried....

LAFAYETTE, Ind. -- Caterpillar Inc. told 439 employees at its Lafayette factory that it plans to lay them off for at least six months.

The company, a major manufacturer of construction and mining equipment, said 405 production employees and 34 management and support workers are involved.

Caterpillar cited lower demand for products made in Lafayette as the reason for the layoffs. The plant makes diesel engines for marine, petroleum, electric power, locomotive and industrial applications.

Company officials said the move will help it get through "a very challenging global business environment" and warned additional layoffs could come later this year.

I'm wondering if ""The One" is capable of telling the truth. His lying may be pathological.

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