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Caterpillar to Invest $1 Billion in North Carolina to Expand Cat Compact Manufacturing Capacity

  • Caterpillar Inc. plans to invest approximately $1 billion in a new modern manufacturing facility in Sanford, North Carolina.
  • The project aims to expand production capacity for compact track loaders & telehandlers to meet growing customer demand.
  • The facility will utilize advanced manufacturing technologies, automation, digital production systems, & integrated logistics capabilities.
  • The investment supports the Cat Compact strategy to provide streamlined experiences for small contractors & growing businesses.
  • North Carolina was selected due to Caterpillar's longstanding presence, local workforce strength, & existing manufacturing expertise in Sanford.
  • The company expects the project to create advanced manufacturing careers & offer employee development in automation, robotics, & digital systems.
  • This initiative reflects Caterpillar's commitment to U.S. manufacturing & workforce development.