Caterpillar to Expand Manufacturing and Increase Employment in the United States with New Hydraulic Excavator Facility in Victoria, Texas; Once Fully Operational, The Facility is Expected to Employ More Than 500 People and would Triple Caterpillar's U.S.-Based Excavator Capacity
ENP Newswire 2010, August 13
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ENPNewswire-13 August 2010-Caterpillar to Expand Manufacturing and Increase Employment in the United States with New Hydraulic Excavator Facility in Victoria, Texas; Once fully operational, the facility is expected to employ more than 500 people and would triple Caterpillar's U.S.-based excavator capacity(C)2010 ENPublishing - http://www.enpublishing.co.uk Release date- 12082010 - PEORIA, Ill. - Caterpillar Inc. (NYSE: CAT) today announced it has selected the city of Victoria, Texas, as the location for the company's new state-of-the-art hydraulic excavator manufacturing facility. Ground breaking for the 600,000-square-foot manufacturing operation is scheduled to take place in September 2010. The facility is expected to begin production in mid-2012. Once fully operational, it will triple the current capacity of hydraulic excavators produced by the company in the United States, and would double the number of Caterpillar employees in the U.S. making excavators.