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 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 […]

Caterpillar Plans $1B Manufacturing Facility in Sanford, North Carolina

Caterpillar Inc. plans to invest approximately $1 billion in North Carolina to expand manufacturing capacity for compact construction equipment, including through a new manufacturing facility in Sanford. The project will increase Caterpillar’s capacity to produce compact track loaders and telehandlers as the company expands its Cat Compact business and responds to growing demand for smaller […]