Caterpillar pulling out of London

A statement sent out by Progress Rail, owned by CAT, said it is regretable but they are shutting down the London plant.

This is really disappointing and sad.

I’m sorry for all of the men and women who are losing their jobs.

Could the feds have done more after giving CAT our money in a grant?

Should the Ont. govt. have intervened?

Could the union have done anything differently?


One thought on “Caterpillar pulling out of London

  1. Government should have attached terms and restriction on loans and should never have made grants.

    Corporate welfare as well as social welfare should always come with obligations and responsibilities. There should never be a blank cheque.

    There should be a mechanism or checklist for measuring success or failure for performance and a strict monitoring and accounting of tax-payer money.

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