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CAT Jobs Back to Decatur?

CAT Jobs Back to Decatur?

Photo: Newsradio WTAX

It’s been a disastrous year for Caterpillar in Decatur with nearly 800 jobs cut.  But with a major decision from the US Export Import Bank that trend could soon be reversed.

Our news partners at WAND-TV report a $694 million loan has been approved that would support 3,400 jobs, many of which could come to Decatur.

It would allow a new iron ore mine in Australia to buy up Cat mining equipment which is made at the Decatur plant. Contracts between Caterpillar and the mine would still have to be signed for any of these jobs to become a reality.

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