Raleigh, N.C.
North Carolina Commerce Secretary Lee Lilley announced that Caterpillar plans to enhance its production capabilities by establishing a new manufacturing facility in Sanford. The investment, valued at one billion dollars, is expected to bolster the state’s reputation for manufacturing excellence and innovation. The move underscores Caterpillar’s commitment to the region and highlights its dedication to fostering strong community ties and partnerships.
In his statement, Secretary Lilley emphasized the significance of Caterpillar’s investment, noting that the company is already a major employer in Lee County. He praised Caterpillar’s efforts in creating apprenticeship opportunities that contribute to the preparation of the workforce for future demands. The new facility in Sanford is anticipated to play a pivotal role in the economic landscape of the region, reinforcing North Carolina’s position as a leader in the manufacturing sector.
Secretary Lilley expressed pride in the partnership with Caterpillar and conveyed optimism about the company’s ongoing growth and success in the state. The expansion is expected to provide significant economic benefits and reinforce the collaborative efforts between the state, local communities, and industry leaders. The new manufacturing facility is a testament to the robust economic environment and opportunities present in North Carolina.
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