(The following is a reformatted version of a press release
issued by Caterpillar Inc. and received via electronic mail. The
release was confirmed by the sender.) 
November 8, 2012 
Caterpillar Announces Closure of Forestry Plant
in Owatonna, Minnesota 
Production to shift from Owatonna to other existing U.S.
Caterpillar plants, positioning the company for long-term
competitiveness in the forest products business 
Owatonna, MN -  With a focus on making decisions and taking
actions that will best position the company for long-term
success, Caterpillar Inc. (NYSE: CAT) today notified employees
that it is closing its plant in Owatonna and consolidating
operations within its forestry business. Production will
transition out of the Owatonna, Minnesota, facility by March 1,
2013. The decision will impact 100 employees. Caterpillar is
offering employees at Owatonna a severance package and will work
with appropriate agencies on outplacement services. 
“We value our employees’ contributions, and these actions are
not a reflection of them, but rather the result of a need to
make our business more efficient and competitive,” said John
Carpenter, president of Caterpillar’s Forest Products Division.
“We understand these decisions will be difficult for the lives
of many of our workers and their families, and we genuinely
regret that. In addition to working with local agencies on
outplacement services, we’re also partnering with potential area
employers, including other nearby Caterpillar plants, to host
job fairs for impacted workers.” 
Minnesota government agencies and other officials were notified
of this decision under the United States Department of Labor’s
Worker Adjustment and Retraining Notification Act (WARN). 
Some engineering work will remain in the Owatonna area. Forest
products made in Owatonna will transition to other Caterpillar
Forest Products plants in Prentice, Wisconsin, and LaGrange,
About Caterpillar:
For more than 85 years, Caterpillar Inc. has been making
sustainable progress possible and driving positive change on
every continent. With 2011 sales and revenues of $60.138
billion, Caterpillar is the world’s leading manufacturer of
construction and mining equipment, diesel and natural gas
engines, industrial gas turbines and diesel-electric
locomotives. The company also is a leading services provider
through Caterpillar Financial Services, Caterpillar
Remanufacturing Services and Progress Rail Services. More
information is available at: 
Forward-Looking Statements
Certain statements in this press release relate to future events
and expectations and are forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Words such as “believe,” “estimate,” “will be,” “will,” “would,”
“expect,” “anticipate,” “plan,” “project,” “intend,” “could,”
“should” or other similar words or expressions often identify
forward-looking statements.  All statements other than
statements of historical fact are forward-looking statements,
including, without limitation, statements regarding our outlook,
projections, forecasts or trend descriptions. These statements
do not guarantee future performance, and we do not undertake to
update our forward-looking statements. 
Caterpillar’s actual results may differ materially from those
described or implied in our forward-looking statements based on
a number of factors, including, but not limited to: (i) global
economic conditions and economic conditions in the industries
and markets we serve; (ii) government monetary or fiscal
policies and infrastructure spending; (iii) commodity or
component price increases and/or limited availability of raw
materials and component products, including steel; (iv) our and
our customers’, dealers’ and suppliers’ ability to access and
manage liquidity; (v) political and economic risks and
instability, including national or international conflicts and
civil unrest; (vi) our and Cat Financial’s ability to: maintain
credit ratings, avoid material increases in borrowing costs, and
access capital markets; (vii) the financial condition and credit
worthiness of Cat Financial’s customers; (viii) inability to
realize expected benefits from acquisitions and divestitures,
including the acquisition of Bucyrus International, Inc.; (ix)
international trade and investment policies; (x) challenges
related to Tier 4 emissions compliance; (xi) market acceptance
of our products and services; (xii) changes in the competitive
environment, including market share, pricing and geographic and
product mix of sales; (xiii) successful implementation of
capacity expansion projects, cost reduction initiatives and
efficiency or productivity initiatives, including the
Caterpillar Production System; (xiv) sourcing practices of our
dealers or original equipment manufacturers; (xv) compliance
with environmental laws and regulations; (xvi) alleged or actual
violations of trade or anti-corruption laws and regulations;
(xvii) additional tax expense or exposure; (xviii) currency
fluctuations; (xix) our or Cat Financial’s compliance with
financial covenants; (xx) increased pension plan funding
obligations; (xxi) union disputes or other employee relations
issues; (xxii) significant legal proceedings, claims, lawsuits
or investigations; (xxiii) compliance requirements imposed if
carbon emissions legislation and/or regulations are adopted;
(xxiv) changes in accounting standards; (xxv) failure or breach
of IT security; (xxvi) adverse effects of natural disasters; and
(xxvii) other factors described in more detail under “Item 1A.
Risk Factors” in our Form 10-K filed with the SEC on February
21, 2012 for the year ended December 31, 2011.  This filing is
available on our website at 
Caterpillar contact:
Rachel Potts, Corporate Public Affairs
(bjh) NY 
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