CHCH Home CHCH Morning Live Blog CHCH Personalities CHCH New Fall Shows CHCH TV Schedule CHCH Weather CHCH News CHCH Contests Community Events CHCH Contact Info
Friday, 03 February 2012

Caterpillar pulls plug on London plant

(Updated video) The struggling Ontario economy has suffered yet another blow.
The Ontario government confirmed today Caterpillar will close its Electro-Motive plant in London.

The closure will affect 450 employees.

Electro-Motive had demanded pay cuts of up to 50 percent when it locked out the employees, who are represented by the Canadian Auto Workers.

The move comes just one day before the company was set to hold a job fair in Muncie, Indiana, where it has a lower-cost factory. Electro-motive is owned by U.S.-based Caterpillar, which recently announced record revenues of $60 billion.

Community members were in London to show their solidarity with the workers.

Video: Adam Atkinson reports:

Download Video: MP4, WebM, Ogg
HTML5 Video Player by VideoJS


Video: Marvin Ryder of the DeGroote School of Business on the closure, and the jobs outlook:

Download Video: MP4, WebM, Ogg
HTML5 Video Player by VideoJS

Read 375 times
Social sharing
More in this category: « Dozens rounded up in child porn sweep SIU probing Sarnia-area storm fatal »

3 comments

  • Comment Link Friday, 03 February 2012 posted by John Steinke

    All jobs will go this way!

  • Comment Link Friday, 03 February 2012 posted by Roger Robert

    Here we go again, another U.S. company pulling out. When is the federal & provincial government going to get there head out of the sand & see what is happening. We the workers keep proving that our work force is one of the best in the world with the best product & quality, making these companies large profits. I've seen lot of factories close & move to U.S., Mexico, China, Japan, soforth. Example John Deere in Welland, GM foundary in St Catherines, now Caterpillar in London and many more. Are we going to to become a third world country because our governments don't have the back bone to tell these companies enough is enough. If you want to sell your product here you must build a percentage here or forget it. We must go back when we had the auto pact & no free trade because now it a one way street & the Canadian workers are getting the short and of the deal. If this keeps up the next generations are going to really suffer. Our goverments are going to realize if all the good paying job go who going to contribute to the high taxes that they pay IT Time To Wake Up and Start Realizing There's something wrong. LET'S STAND TOGETHER & FIGHT BACK FOR GOOD PAYING JOBS

  • Comment Link Friday, 03 February 2012 posted by Lillian Porter

    It would be interesting to know whether the job fair in the US with lower operating costs is in one of the states that is actively trying to destroy labour unions.

Leave a comment



back to top