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.
Overlook Produce and Farm Adventures Plans Rockingham County, Virginia, Produce Packing Hub
What’s Driving Record Industrial Real Estate Demand
2020 Top States for Doing Business Showcase Their Pro-Business Environments
2020 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
Pandemic Fuels Data Center Growth
Trends in Office and Industrial Parks
35th Annual Survey of Corporate Executives Commentary: Change in Site Selection Priorities and Plans Over the Short and Long Term