Pantagraph – January 29, 2016
PONTIAC, IL — Caterpillar will add about 160 jobs to its existing Pontiac plant as the result of company-wide restructuring announced Friday.
“We’re pleased that Caterpillar had confidence in the Pontiac plant, its employees and our community,” said Pontiac City Administrator Bob Karls.
The Peoria-based manufacturer also announced the loss of at least 120 jobs from its East Peoria facilities. Overall, the changes announced Friday, which include five plant closings, will result in a net loss of about 670 jobs…