Re: Caterpillar/Progress closing EMD London,Ontario plant?
Author: Rich Hunn
Date: 02-03-2012 - 17:57
I can tell you for a fact that CAT is going lean on both their internal costs and their vendors.
We own a long time supplier and they're pulling our contract for a lower cost source. It's a little tough to equate our costs and their expectations at the moment but we wish them the best and halfway think they'll be back. Cost of purchase isn't everything.