Gov. Nathan Deal announced today that Caterpillar, Inc. (NYSE: CAT) will make a major investment in its Griffin Engine Center in Spalding County. The Peoria, Ill.-based company will create at least 200 jobs and invest $120 million in machinery, equipment and upgrades to the existing facility.
Caterpillar sucks. They have had way too many layoffs. They ride out the temp services and won't how ppl on full time very often. I worked there for a year and knew my job and did my job better than people that was there for years. I used it as a stepping stone and furthered my education then got the heck on. I make over 20 per hour now which still isnt much in todays economy. I know quite a few people that don't know how long their job will hold out at cat because of their history.
Cat does everything in their power to prevent lay-offs. When I worked there, in order to ride out the slow times, they built excess inventory in finished goods, realigned personnel in order to reduce shifts, allowed volunteers to work in other Cat facilities, and eliminated all overtime in order to make the orders last longer. When they explored all options, they made the cut backs in personnel on the basis of seniority. It is very expensive for companies to truly hold to seniority as a rule in labor cut backs. I witnessed two downturns in production at Caterpillar, they always done their part.
It is like this............when a company knows what the heavy hitters are, they feel relatively safe exposing themselves to some excess stock on those items. They know the inventory will sell in the future.
People, such as yourself, cannot stand to hear another say positive comments........po, po, pitiful you.