Caterpillar to Invest $1 Billion in Expanding Cat Compact Manufacturing Capacity in North Carolina

MT newswire2026/09/30 13:34

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09:34 AM EDT, 09/30/2026 (MT Newswires) -- Caterpillar (CAT) plans to invest $1 billion in expanding manufacturing capacity for its Cat Compact business in North Carolina, the company said Wednesday. The investment will include a new manufacturing facility in Sanford, North Carolina that will feature advanced manufacturing technologies, automation, digital production systems and integrated logistics capabilities, the company said. Price: 823.01, Change: -3.84, Percent Change: -0.46

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