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An ugly looking Caterpillar.

The big news down in this area the past few days – specifically in London – is that the big company Caterpillar decided to lock all of its employees out at its London based ElectroMotive plant. It is trying to force its employees there to take more then a 50% wage cut in salary and benefits, as well as trying to get rid of the pension plan. You might think the company is in a bad position, but it has profits in the billions of dollars, while it gives its CEO a multi-million dollar salary. Times aren’t tough for it – it’s just decided it’s going to try to break […]

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