“We appreciate the support we received from our local partners and from the State of North Carolina for our growth strategy.”
Mary Bell, Vice President of Caterpillar’s Building Construction Products Division.
Any economic development region would be thrilled to have a company like Caterpillar, the largest maker of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines in the world, expand within its borders. That’s what makes this story so incredible; Caterpillar recently announced not one, but two significant expansion projects within 60 miles of each other—both in the Research Triangle Region.
The first announcement was in Sanford, NC, (Lee County) about 45 minutes south of Raleigh-Durham International Airport, where the company will invest $28.3 million and create 325 new jobs to expand production of skid steers, compact track and multi-terrain loaders. The expansion plans include a 270,000-square-foot building addition that will house logistics and the latest robotic welding technology for fabrication production.
"This expansion was a big win for Lee County," said Crystal Morphis, acting executive director of Lee County Economic Development. "In addition to the new jobs and investment being made by Caterpillar, we fully expect additional suppliers will locate nearby to support this facility."
The second announcement was made just 20 minutes east of downtown Raleigh at the company’s Clayton, NC (Johnston County) facility. Also in its Building Construction Products (BCP) division, Caterpillar will invest $33 million to expand production of next-generation small wheel loaders that comply with tougher emissions standards. In addition, engineering and design work for this division will take place at a brand new engineering and test facility nearby. This expansion will result in the creation of 199 new jobs at an average wage of more than $41,000.
“We appreciate the support we received from our local partners and from the State of North Carolina for our growth strategy,” said Mary Bell, Vice President of Caterpillar’s Building Construction Products Division.
One of the reasons companies like Caterpillar thrive in the Research Triangle Region is the ability to access a large workforce with a diverse set of skills. From production workers to Ph.D. scientists, Triangle residents are some of the most well educated and dedicated employees in the world.
North Carolina Governor Beverly Perdue added “The fact that globally competitive companies continue to make investments like these in North Carolina proves that our legacy of investing in education and worker training has paid off.”
“We believe Caterpillar's decision to expand its manufacturing presence and create a new engineering and test facility here speaks volumes about the quality of our workforce,” said Peggy Anderson, Director of Johnston County Economic Development. “Needless to say, we're incredibly proud to have them as part of our corporate community.”