First Business

April 27, 2013

Caterpillar cutting 60 jobs at Illinois factory

Caterpillar Inc. has announced another round of layoffs in Illinois as it deals with slowing demand for its mining equipment.

Nearly 60 employees at Caterpillarâ;€™s plant in Mapleton, Ill., will be placed on â;€Âoe;indefinite layoff,â;€Â; the Journal Star in Peoria, Ill., reported Thursday.

That announcement comes a few weeks after Caterpillar said it would eliminate about 460 jobs at its Decatur, Ill., plant, or about 11 percent of the work force there.

Caterpillar has also been enacting temporaryâ;€¦;

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