Caterpillar closing Santa Fe plant, costing 50 jobs - Albuquerque Journal

Caterpillar closing Santa Fe plant, costing 50 jobs

Em012916c
The Caterpillar plant in Santa Fe has closed Friday January 29. 2016. (Eddie Moore/Albuquerque Journal)

Caterpillar says it plans to close five plants — including one in Santa Fe — causing a net reduction of about 670 jobs across several states, as part of a broader cost-cutting campaign announced last year by the mining and construction equipment company.

About 50 jobs will be lost in Santa Fe, a news release provided to the Journal says. The Santa Fe operation is manufacturing facility with office and production employees.

The plant, on Camino Entrada in south Santa Fe, was closed with the gate locked Friday afternoon, and no one there could be reached by phone.

Caterpillar moved into the area in 2010 with its purchase of CleanAir Systems, Inc., a Santa Fe company that made devices to reduce emissions from diesel-powered machines, which previously had been sold through Caterpillar dealers, along with CleanAir’s 30,000-square-foot plant.

Caterpillar announced the start of a 24,000-square-foot expansion in 2011 to double manufacturing capacity.

Caterpillar said it will cut about 230 jobs for office and production workers at a major manufacturing campus in East Peoria, Ill., where Caterpillar says it’s consolidating some manufacturing and transferring some work to outside contractors. Another 120 employees there will be placed on indefinite layoff.

Caterpillar also is closing a plant in Thomasville, Ga. but will consolidate some operations and add about 160 jobs at an existing plant in Pontiac, Illinois.

The company will close a forest products facility in Prentice, Wisconsin, resulting in about 220 job cuts. Other moves will affect plants in Indiana, Mississippi, Texas and China.

Caterpillar Inc. said most of the moves are part of a broader consolidation effort announced last year, which was expected to affect about 10,000 jobs over three years. Caterpillar currently has about 106,000 workers around the world.

The Peoria, Illinois-based company reported an $87 million loss in the fourth quarter on sales of about $11 billion. It’s been struggling with weak demand for mining equipment because of lower mineral prices around the world.


Albuquerque Journal and its reporters are committed to telling the stories of our community.

• Do you have a question you want someone to try to answer for you? Do you have a bright spot you want to share?
   We want to hear from you. Please email yourstory@abqjournal.com

Nativo Sponsored Content

taboola desktop

MORE ARTICLES LIKE THIS

1
Christopher Nolan's 'Oppenheimer' to film in NM; casting call ...
ABQnews Seeker
J. Robert Oppenheimer made an impact ... J. Robert Oppenheimer made an impact on the world during his time in New Mexico. He is credited as being the 'father of the ...
2
Petroglyphs defaced outside Santa Fe
ABQnews Seeker
La Cieneguilla site dates back 8,000 ... La Cieneguilla site dates back 8,000 years; 10 works damaged
3
New Mexico lawmakers propose $1 million for 'baby boxes'
ABQnews Seeker
Proposal would increase options for parents ... Proposal would increase options for parents who want to give up their babies
4
Social Security tax bill stalls in first House committee
ABQnews Seeker
Backers: Measure would bolster economy, reduce ... Backers: Measure would bolster economy, reduce burden on NM seniors
5
Governor sends $4,200 excess campaign donation to state fund
ABQnews Seeker
Lujan Grisham is up for reelection ... Lujan Grisham is up for reelection this fall; GOP will pick nominee in June 7 primary
6
Move to pay NM's elected officials to involve ethics ...
ABQnews Seeker
Proposal cleared Senate committee 7-1, heads ... Proposal cleared Senate committee 7-1, heads to Judiciary Committee
7
Pretrial detention bill debate takes stage
ABQnews Seeker
Violent crime in ABQ prompts gov. ... Violent crime in ABQ prompts gov. to back proposal
8
NM lawmakers launch another push for school of public ...
ABQnews Seeker
Proposal wasn't included in the initial ... Proposal wasn't included in the initial state spending package
9
Northern NM still recovering from damaging December storm
From the newspaper
Governor signs order for disaster declaration ... Governor signs order for disaster declaration in Taos County