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June 24, 2016
We acknowledge and respect the decision by the British people for the UK to leave the European Union. As a global manufacturer with a large footprint in the UK and across Europe, we call on the British government and its European partners to make all efforts to move forward swiftly to negotiate a new settlement. The UK is an intrinsic part of our European supply chain and we urge all parties to reach an agreement that quickly removes the uncertainty, allows the UK to retain full access to and from the single market and protects the interests of businesses with strong commitments and investments in the UK.
We acknowledge the complexities involved and recognise that the process to leave could take time. We urge that the single market access issues be prioritized to lessen the negative impact on business and on both the UK and European economies.
Caterpillar remains committed to a competitive presence in the UK and will diligently look at ways to mitigate the impact of the UK’s decision to leave the EU on our valued customers, employees, shareholders and partners in our integrated supply chain.
Caterpillar UK Country Director