Caterpillar Picks NC for New $1B Compact Track Loader, Telehandler Plant

Caterpillar will build a new $1 billion manufacturing plant in North Carolina to produce compact track loaders and telehandlers. The state secured the project with $85 million in incentives, expanding Caterpillar's existing manufacturing footprint.

The site beat out other rivals with $85 million in incentives to entice the company to stay and expand its manufacturing presence...

This story was originally published by Equipment World.