Caterpillar announces closing of Dyersburg plant
Early Thursday morning, Caterpillar Inc. announced to employees plans to close its Dyersburg facility. Reaching out to Caterpillar’s Corporate Office regarding the closing and its impact on the Dyer County community, Caterpillar issued the following release:
“Today, Caterpillar Inc. announced it is making changes to its global manufacturing footprint. The company plans to cease operations at its Dyersburg, Tennessee, U.S.A. assembly facility. Caterpillar is also contemplating ceasing operations at its facility in Arras, France. Work from these facilities would be consolidated into existing Caterpillar facilities. This move would enable the company to be more cost competitive for these components, improve response time, reduce excess floor space and better utilize its manufacturing assets. The Arras and Dyersburg facilities assemble transmissions used in construction and mining machines.
“This action could impact approximately 70 Caterpillar positions in Arras and will impact about 85 Caterpillar positions in Dyersburg – a combination of production and office employees. These transitions are expected to begin in the fourth quarter of 2017 and be complete by the end of 2018.
“Caterpillar recognizes these actions are difficult for its dedicated workforce, their families and the impacted communities. These actions should not be seen as a reflection of the performance of the workforce in Dyersburg or Arras. Rather, they are necessary to adapt our global footprint to the changes in customer demand. Impacted employees will receive severance packages from the company and outplacement services from appropriate agencies to ensure they have support during this transition.”