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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Apr 17, 2002
Page
7
Motorola Inc will shut its Harvard distribution center next year eliminating 850 jobs and transferring 400 workers. The plant opened in 1997 for wireless devices and began phasing out manufacturing in 2001 with distribution moved to an undetermined U.S. location near other Motorola sites.
Caterpillar Inc posts a 51 percent drop in first quarter earnings to 23 cents a share on $4.41 billion in sales. Net income sinks to $80 million from $162 million a year earlier as heavy machinery and engine sales lag.
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