Caterpillar to close Minnesota forestry plant, cut 100 jobs

About 100 workers in southern Minnesota are looking for a new job after Caterpillar Inc. has announced it plans to close its forestry plant in Owatonna by March 2013, KARE 11 reports. Officials with the heavy equipment maker plan to keep some engineering work in the area.
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About 100 workers in southern Minnesota are looking for a new job after Caterpillar Inc. has announced it plans to close its forestry plant in Owatonna by March 2013, KARE 11 reports. Officials with the heavy equipment maker plan to keep some engineering work in the area.

ABC 6 News reports the company will shift operations at the Owatonna facility, which makes equipment for the timber industry, to other plants in Wisconsin and Georgia.

Caterpiller is offering employees a severance package and will help them find other work, WCCO reports.

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