Caterpillar Invests $1 Billion in North Carolina Manufacturing Expansion

Caterpillar is investing $1 billion in North Carolina to expand its manufacturing capacity for compact track loaders and telehandlers. The new facility will help meet growing demand from customers, particularly small contractors and businesses.

The investment supports Caterpillar's Cat Compact strategy, which aims to deliver a more streamlined experience for customers. Compact track loaders and telehandlers are versatile machines used in various industries, including construction, landscaping, agriculture, and material handling.

The new facility will be equipped with advanced manufacturing technologies, automation, digital production systems, and integrated logistics capabilities. This will create a modern, technology-enabled environment designed to improve safety, quality, and operational performance while supporting long-term growth.