Caterpillar Builds New Facility in NC as Part of $1B Expansion
Caterpillar has announced plans to expand its manufacturing operations in North Carolina as part of a $1 billion investment push. The company will build a new facility in Sanford, which will increase production of compact track loaders and telehandlers.
The Economic Development Partnership of North Carolina says Caterpillar chose the state because of its existing presence, workforce, and manufacturing operations already in place in Sanford.