Caterpillar said it intends to invest approximately $1 billion in North Carolina to expand manufacturing capacity for products that support its Cat Compact business.
The investment includes plans for a new modern manufacturing facility in Sanford, North Carolina, designed to increase production of compact track loaders and telehandlers. The project supports Caterpillar's Cat Compact strategy, which is focused on delivering a more streamlined and convenient experience for small contractors and growing businesses.
Compact track loaders and telehandlers are machines used across construction, landscaping, agriculture and material handling applications.
The facility is expected to incorporate advanced manufacturing technologies, automation, digital production systems and integrated logistics capabilities to create a more connected and efficient operation.
Caterpillar said it picked North Carolina due to its longstanding presence in the state, the strength of the local workforce, and the opportunity to build on existing manufacturing expertise and operations in Sanford. Caterpillar opened its current Sanford plant in 1998.
The company expects the project to create opportunities for advanced manufacturing careers while helping employees develop skills in areas such as automation, robotics, digital manufacturing and advanced production systems.
Caterpillar
