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The
company, which manufactures construction equipment at the plant
in Gosselies, Belgium said it may shift the production to its
facility at Grenoble, France and other locations outside of
Europe.
Caterpillar said in September 2015 that it will cut as many as
10,000 jobs through 2018 and also might close or consolidate
more than 20 plants around the world as it grappled with the
mining and energy downturn.
In July, Caterpillar said that global uncertainty, the vote in
Britain to leave the European Union and the attempted coup in
Turkey had heightened risks, especially in Europe.
(Reporting by Gaurika Juneja in Bengaluru; Editing by Amrutha
Gayathri)
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