Caterpillar Picks NC For Equipment Plant, 500 Jobs

North Carolina will host a new plant planned by heavy-equipment manufacturer Caterpillar Inc. that will employ more than 500 employees and contract workers.

North Carolina's U.S. Sens. Richard Burr and Kay Hagan issued statements Friday praising the company's decision to build a factory in Winston-Salem.

The earth-moving and agricultural equipment factory is expected to employ about 390 full-time workers plus another 120 contract workers in five years.

A committee that approves state business incentives was expected to approve a tax rebate package that could be worth up to $50 million. Local incentives push the value of incentives to about $75 million.

Sites in South Carolina and Alabama had been in consideration.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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  • by Anonymous on Jul 31, 2010 at 05:16 PM
    To Moderators Nightmare. Did they actually lay off 500 people at the Clayton Plant, or did you hear that on Fox news?
  • by Ken Location: Martin County on Jul 31, 2010 at 11:06 AM
    We have the infrastructure. Look at the roads. 64, 264, I95, I40 and 17. We can move things quickly through the area with not nearly as much traffic and congestion found in the Piedmont region. What we lack is enough people who actually care enough to really want a career in industry. We have many people who want a paycheck but they aren't willing to do what it takes to earn it. If NC is the 4th laziest state in the country, then it must be due to the people in this area who just ride the system and don't want to work anyway.
  • by Moderators Nightmare on Jul 31, 2010 at 08:52 AM
    They probably laid off 500 at the Clayton plant.
  • by Walter Location: Washington on Jul 30, 2010 at 08:33 PM
    obama (spin city) snake oil@7:51, Where in the article does it say 500 will lose their jobs so that 500 could receive them? Did you trade your white sheet in for a black hooded robe and sickle? or do you have both?
  • by Anonymous on Jul 30, 2010 at 07:04 PM
    Let me try to understand, First, you complain about no new jobs being created, Second , you complain when new jobs are created. Sounds like the party of "No", Don't know what they want. The only thing they want is to see President Obama fail. Country First? I don't think so.They should change their slogan to "Party First, Country Last"!
  • by V on Jul 30, 2010 at 05:51 PM
    Neo I agree with you most of the time but what a load of BS you said @5:43PM.What do you think they are going to find down there.I have been there and it is just like it is all across this state.I dont know what your job is or what ever it is you do but most of the men I know that have worked their butts off all their life(now unemployed thanks to obaka)can take a piece of heavy machinary when it is broke down and figure out the problem quicker than Gregory Poole Employees.I have seen it to many times the boss calls Gregory Poole and the on site mechanic/operator/worker here in eastern carolina made the right diagnosis long before Gregory Pooles(CATERPILLAR) Computer did.By the way ,why does anybody listen to Lavon any more.He or She is a mute point.
  • by voter Location: nc on Jul 30, 2010 at 05:44 PM
    " Wait a minute I just don't get it." lavon,,,truer words were never spoken.
  • by BJ Location: Stokes on Jul 30, 2010 at 05:13 PM
    The reason we don't have industries in the east is because a lack of infrastructure. Winston Salem has a cross-roads of major interstates, which means easier and cheaper ways to ship and receive supplies and products.
  • by Obama Snake Oil Co Location: Washington on Jul 30, 2010 at 04:51 PM
    Some of you...Lavon, don't get it. They have union labor, NC is right to work. This just means 500 people will be out of jobs to make way for those in NC. Now that is!
  • by Neo Location: Reality on Jul 30, 2010 at 02:43 PM
    None of these employers is interested in locating in the eastern part of the state because of the bad demographics. They just can't find enough quality employees in the east. Diversity it seems can be an impediment when trying to recruit industry that needs an energetic, educatable workforce. They know where to find those people and it isn't in eastern NC.
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