Officials with Caterpillar announced Monday that the company will be laying off part of its workforce in Texoma later this week. The reduction is expected to affect 30 employees in production and manufacturing in the Denison and Van Alstyne facilities.

Officials with Caterpillar announced Monday that the company will be laying off part of its workforce in Texoma later this week. The reduction is expected to affect 30 employees in production and manufacturing in the Denison and Van Alstyne facilities.


News of the layoffs follows a corporate announcement in late September of cost reduction initiatives and the elimination of 10,000 jobs throughout the company due to a reduced demand.


"In addition to our recently announced cost reduction and restructuring actions, Caterpillar must continue to align production with demand," company spokeswoman Rachel Potts said on Monday. "We recognize that this news — like other announcements we’ve made — is hard for our talented and dedicated employees, but is necessary in the current environment."


Potts said the eliminated positions centered on the production of rotary blasthole drills and hydraulic track drills used in mining operations.


In addition to these cuts, Potts said the local facilities will be operating at reduced production hours, cutting the hours of employees. Starting on Oct. 19, the facilities will have a four-day-a-week production schedule through the end of the year.


Denison Development Alliance President Tony Kaai said despite the cuts at Caterpillar, manufacturing is still strong in Grayson County. With low unemployment throughout the county, Kaai said, other manufacturing employers have been, and are still, hiring.