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Caterpillar’s Flexible Workforce Up 35%

October 24, 2011

Caterpillar Inc., the Peoria, Ill.-based heavy equipment maker, reported its flexible workforce had risen 35.1 percent at the end of the third quarter. The company’s flexible workforce totaled 27,385 at the end of the quarter, up 7,117 from 20,268 at the end of the same period in the previous year.

Full-time, traditional employment at Caterpillar rose 18.7 percent to 121,513 at the end of the third quarter.

Caterpillar reported that it added 5,591 jobs in the U.S., 9,463 jobs outside the country and 11,240 jobs were added through acquisitions such as its purchase of equipment-maker Bucyrus.

The company reported its third-quarter revenue rose 41 percent to $15.72 billion.