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Caterpillar plant closures prompt global changes in supply pattern

2017-04-05T23:00:07Z

Construction and mining equipment maker Caterpillar is closing plants in the US and Europe with a combined loss of around 2,800 jobs, in reaction to a drop in demand in the construction, mining and energy industries. Products made at the plants, in Aurora, Illinois and Gosselies, Belgium, will be shifted ...