Wednesday, September 30, 2026 4:27PM
SANFORD, N.C. (WTVD) –Caterpillar Inc. plans to invest approximately $1 billion in North Carolina to expand manufacturing capacity for products that support its growing Cat Compact business, helping customers gain faster access to the machinery they need to tackle tough jobsite challenges and build homes, infrastructure and communities.
The investment includes plans for a new, modern manufacturing facility in Sanford, North Carolina, to increase production of compact track loaders and telehandlers to meet customer demand.
“As demand for compact equipment continues to increase, we’re investing to better serve this growing segment of customers,” said Caterpillar Construction Industries Group President Rod Shurman. “This investment is another way we are solving our customers’ toughest challenges by expanding access to the products, solutions and services they need to work more efficiently.”
The investment will create a modern, technology-enabled manufacturing environment designed to improve safety, quality and operational performance while supporting long-term growth. The facility is anticipated to include advanced manufacturing technologies, automation, digital production systems and integrated logistics capabilities to create a more connected and efficient operation.
North Carolina was selected for the investment because of Caterpillar’s longstanding presence in the state, the strength of the local workforce and the opportunity to build on existing manufacturing expertise and operations in Sanford.
“We appreciate the partnership and support of the State of North Carolina, Lee County and the City of Sanford as we continue investing in the future of manufacturing and the customers we serve,” said Shurman.
The project supports Caterpillar’s Cat Compact strategy, which is focused on delivering a more streamlined and convenient experience for small contractors and growing businesses.
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