United States Presbyterian Church to divest in Caterpillar

By WEEK Producer

June 26, 2014 Updated Jun 26, 2014 at 4:45 PM CDT

Caterpillar is among three corporations targeted by the United States Presbyterian Church in a proposal to divest millions of dollars, according to a recent article from Huffington Post. 
 
The article states that the church plans to divest in Caterpillar because its bulldozers have been used to demolish Palestinian homes. A committee for the Presbyterian Church recently met in Detroit for a week-long meeting to pass a divestment measure.
 
The church reportedly also plans to cut ties with Motorola Solutions and Hewlett-Packard for the way their products are used in the Israeli-Palestinian conflict.
 
If the divestment measure passes, the church will remove at least $21 million of its funds from the three corporations.
 
Caterpillar has defended itself in the past, noting that its bulldozers are provided to Israel through a U.S. military sales program.