Caterpillar Pours $1 Billion into NC Manufacturing Expansion

Caterpillar is investing $1 billion to expand its manufacturing capacity in North Carolina. The investment will create new positions related to automation, robotics, and digital manufacturing.

The company plans to build a new facility in Sanford, North Carolina, to increase production of compact track loaders and telehandlers. These machines are used across various industries, including construction, landscaping, agriculture, and material handling.

Caterpillar's investment is aimed at meeting growing demand for its equipment amid a nationwide buildout of data centers and backup power equipment needed for these buildings.