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BUSINESSCBS 17·9h ago

Caterpillar plans new $1 billion Sanford plant for recent hires to build compact loaders

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Caterpillar announced plans for a new $1 billion manufacturing plant in Sanford, North Carolina. The facility will produce compact track loaders and employ 600 workers hired earlier this year.

SANFORD, N.C. (WNCN) -- After hiring 600 new Sanford workers starting last spring, Caterpillar announced Wednesday that a new $1 billion plant is planned for those employees to build compact track loaders. Before the 600 workers were hired, heavy equipment maker Caterpillar already had 2,000 employees working at an existing plant just north of Sanford. [...]

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