Caterpillar investing $1 billion in Lee County facility

Caterpillar plans $1 billion investment in Sanford manufacturing facility

Caterpillar will invest $1 billion in North Carolina and build a new Sanford facility to expand production of compact equipment.

Caterpillar to invest $1 billion in North Carolina manufacturing capacity

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 manufac...

Caterpillar to invest $1B in new Sanford facility

The construction equipment maker says the facility will help increase production of compact track loaders and telehandlers.

Caterpillar investing $1 billion in Lee County facility

The company said it will increase production of compact track loaders and telehandlers to meet the growing customer demand.

Caterpillar To Invest $1 Billion In North Carolina To Expand Manufacturing Capacity

SANFORD, N.C. – Caterpillar Inc. (NYSE: CAT) intends to invest approximately $1 billion in North Carolina to expand manufacturing capacity for products that support its growing Cat Compact℠ business, helping customers gain faster access to the machines they need to solve tough jobsite challenges and build homes, infrastructure and communities. The investment includes plans for […]

Caterpillar announces $1 billion expansion

Caterpillar announced Wednesday plans to expand its Lee County manufacturing facility with a tax base investment of $1 billion, the largest such investment in Lee County history. The announcement came weeks after the Sanford City Council and the Lee County Board of Commissioners agreed to an economic incentive worth more than $85 million. The county […]