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Cat Will Restructure; Reduce Workforce

NOTD Cat 150
Sept. 29, 2015 –
It is going to be tough medicine for Big Yellow. Caterpillar has announced significant restructuring and cost reduction actions that are expected to lower operating costs by about $1.5 billion annually once fully implemented, according to the company. These steps will begin in late 2015 and reflect recent, current and expected market conditions. For 2015, the company’s sales and revenues outlook has weakened and are expected to be about $48 billion, or $1 billion lower than the previous outlook of about $49 billion. For 2016, sales and revenues are expected to be about 5 percent below 2015.

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Luck Says Contact Your Senators

RFTR CharliePodium 150Sept. 16, 2015 – NSSGA Chairman Charles S. Luck IV, recently asked each and every U.S. Senator to support S. 1140, a bipartisan bill that would require the Environmental Protection Agency to withdraw and re-propose their controversial Waters of the U.S. rule.

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Remembering 9/11

RFTR 911 150Sept. 11, 2015 – Bells are tolling and tears are flowing as the nation marks a dark day in sorrowful yet hopeful ceremonies.

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Take a Senator to Work Day

RFTR Senator 150Aug. 28, 2015 – Maybe it should have been called "Take a Senator to Work Day." In its ongoing push for congressional action on a multi-year surface transportation reauthorization, the North Carolina Aggregates Association helped organize a tour for Republican Sen. Thom Tillis.

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