It's never a good time to hear about job cuts or closings at plants. Caterpillar announced the next round of cuts and closings this week. Here are the cities listed in the closings. 

 

The Caterpillar Company announced this week that five plants and about 670 jobs in Illinois and several other states will be cut. This will be the next phase of a larger cost-cutting campaign announced last year.

According to ABC-7 Chicago, "The mining and construction equipment company will cut about 230 jobs for office and production workers at a major manufacturing campus in East Peoria, Illinois, 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".

 

Scott Olson, Getty Images

 

The Caterpillar Company also stated that there will be additional consolidation efforts that should add some jobs at their facility in Pontiac, Illinois, but cut additional positions in Thomasville, Georgia; Santa Fe, New Mexico; Prentice, Wisconsin and other sites.

It's never easy reading about job cuts, and being these are in our home state of Illinois and our neighbor to the north in Wisconsin make them that much harder to read about.