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October 2, 1991 | From Times Staff and Wire Reports
Caterpillar Unit Is Fined for Libya Deal: The Treasury Department announced $137,500 in fines against Caterpillar Industrial Inc. in connection with the shipment of 298 trucks to Libya in violation of the U.S. embargo. The Treasury said the Mentor, Ohio, company acted as a middleman in the sale to Libya of 226 trucks from South Korea, 70 from Britain and two from Norway. Caterpillar Industrial, a division of Caterpillar Inc. of Peoria, Ill.
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BUSINESS
October 2, 1991 | From Times Staff and Wire Reports
Caterpillar Unit Is Fined for Libya Deal: The Treasury Department announced $137,500 in fines against Caterpillar Industrial Inc. in connection with the shipment of 298 trucks to Libya in violation of the U.S. embargo. The Treasury said the Mentor, Ohio, company acted as a middleman in the sale to Libya of 226 trucks from South Korea, 70 from Britain and two from Norway. Caterpillar Industrial, a division of Caterpillar Inc. of Peoria, Ill.
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