CATERPILLAR WILL CONSIDER RETAINING JOBS IN U.S. UNDER TRUMP
Under a Donald Trump government, Caterpillar Inc. will consider keeping jobs in the U.S. that may have otherwise been shifted abroad, CEO Doug Oberhelman said.
Bloomberg.com reports that during a CNBC Squawk Box interview with Caterpillar’s outgoing CEO, Oberhelman said he thinks 3 percent growth in the economy is “reasonable”.
“This is the first time we’ve had a pro-business government, all three branches — and I still can’t believe this, I haven’t looked it up, people tell me all the time — since 1928,” said Oberhelman, who will step down from the position next month. “That is worth something.”
Oberhelman’s CNBC interview clips are available here: