Caterpillar Requests $7M from Winston-Salem, North Carolina
"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.
Supply Chain Bottlenecks Creating New “Logistical Hotspots”
2020 Top States for Doing Business Showcase Their Pro-Business Environments
2021 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
35th Annual Corporate Survey: Effects of Global Pandemic Reflected in Executives’ Site and Facility Plans
Latest Trends in the Industrial Real Estate Sector Here to Stay
Auto Industry Is Betting on Sustainability
2021 Auto/Aero Site Guide