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Politics

Caterpillar Cutting 1,400 Jobs at Plant in Europe

Cites high labor costs, slow growth in European market

Reason Staff | 2.28.2013 8:04 AM

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Construction equipment maker Caterpillar says it will cut more than one in three jobs at its Belgian plant because of high labor costs and sluggish growth in its European market.

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Reason Staff
PoliticsEconomicsWorldEuropeBusiness and Industry
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