Very Hungry Caterpillar Mobile. Hang 8" lanterns (1 red, 6 in two shades of green) with different lengths of fishing line. Use pipe cleaners for antennae, and construction paper for eyes and nose. Very cool in a children's library space.
The Very Hungry Caterpillar printables (free) I would work on setting, characters, what food the caterpillar is crawling through, etc. http://makeitcozee.blogspot.co.nz/2012/02/free-hungry-caterpillar-printable.html