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Caterpillar Inc. said Friday it will prohibit its overseas subsidiaries from doing business with Iran.

That decision was lauded by an organization that opposes companies doing business with Iran and had pressured Caterpillar to make the decision.

New York-based United Against Nuclear Iran posted a billboard in Peoria, located on Northeast Adams Street near the McClugage Bridge, with the headline, "Today's work; Tomorrow's nuclear Iran." It pictures Caterpillar construction equipment beside the image of Iranian leader Mahmoud Ahmadinejad.

The statement below the pictures reads, "Stop Cat's business in Iran."

But following Caterpillar's announcement Friday "prohibiting its non-U.S. subsidiaries from accepting any orders for Caterpillar machines, engines and new parts where the subsidiary knows that the product would be shipped to Iran," the United group said it plans to take down its billboard.

Read the full story at: pjstar.com

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