Texas County employees who work at the Caterpillar plant at Pomona have to be concerned about today’s news that the company is going to cut about 17,000 workers and buy out another 2,500 in the firm. Caterpillar Inc said on Monday that quarterly earnings fell more than 32 percent and warned of a tough year ahead as the downturn that began in the United States metastasized into a full-blown global recession that hit sales of its earth-moving equipment.cat

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