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Caterpillar announced plans to invest $1 billion in North Carolina, establishing a new manufacturing facility to meet increased demand for its equipment, including compact track loaders and telehandlers.
Sept 30 (Reuters) — Caterpillar said on Wednesday it plans to invest about $1 billion in North Carolina to expand manufacturing capacity for its compact equipment business amid rising customer demand. The investment includes plans for a new manufacturing facility in Sanford, North Carolina, to increase production of co
Caterpillar Inc. plans to invest approximately $1 billion in North Carolina to expand production capacity for its Cat CompactSM business.
Caterpillar plans to invest about $1 billion in North Carolina to expand manufacturing capacity for its Cat Compact equipment business, including a new facility in Sanford to increase output of compact track loaders and telehandlers.