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Caterpillar suspends operations in Russia

Published 09/03/2022, 22:20
Updated 09/03/2022, 22:26
© Reuters. FILE PHOTO: The company logo for Caterpillar Inc. is displayed on a screen at the New York Stock Exchange (NYSE) in New York, U.S., December 17, 2019. REUTERS/Brendan McDermid
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© Reuters. FILE PHOTO: The company logo for Caterpillar Inc. is displayed on a screen at the New York Stock Exchange (NYSE) in New York, U.S., December 17, 2019. REUTERS/Brendan McDermid

(Reuters) - Caterpillar Inc (NYSE:CAT) said on Wednesday it was suspending operations in its manufacturing facilities in Russia, joining a growing number of companies that have halted business in the country after its invasion of Ukraine.

"Operations in Russia have become increasingly challenging, including supply chain disruptions and sanctions, and we are suspending operations in our Russian manufacturing facilities," a company spokesperson said.

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