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Area Development Homepage >> News Items >>
Caterpillar Requests $7M from Winston-Salem, North Carolina
Area Development Online News Desk (06/29/2010)
Caterpillar is asking for approximately $7 million in local tax incentives in Winston-Salem, North Carolina, FOX8 News reports.

“They’re asking for pretty big incentives,” Forsyth County Commissioner chairperson Dave Plyler told FOX8. “$3.5 million from us, the county, and $3.5 million from the city. What they do with it is up to them.”

Caterpillar is also considering Montgomery, Alabama and Spartanburg, South Carolina for a component manufacturing facility. In Winston-Salem, the company is looking at a site at the city’s edge near a Dell facility. Caterpillar is also requesting several million dollars from North Carolina.

The facility could hire up to 500 employees.
 
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Franklin Precision Industry Invests More Than $50 Million On Kentucky Expansion, Creating More Than 100 Jobs
05/21/2012
Caterpillar Expands Mississippi Operations with Warehouse and Logistics Facility
05/21/2012
Alcoa Invests $90 Million To Meet Needs of Aerospace Industry in Lafayette, Indiana
05/21/2012
Spirit AeroSystems Seeks 200 Experienced Tradespeople For Its Tulsa, Manufacturing Complex
05/21/2012
Sun Hydraulics Adds Third Manufacturing Facility In Manatee County, Florida
05/17/2012
Subaru of Indiana Automotive Invests $75 Million On Plant Expansion In Lafayette, Indiana
05/17/2012
Foley Products Breaks Ground on $7 Million Manufacturing Facility In Prentiss, Mississippi
05/17/2012
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