Caterpillar moving to 'Orkin Tract' megasite

[IDemo]

Atlanta Business Chronicle by Douglas Sams, Commercial Real Estate Editor
Date: Friday, February 17, 2012, 7:13am EST

Caterpillar Inc. said Friday that it’s building a manufacturing plant close to Athens, Ga., bringing at least 1,400 jobs, and more in related production jobs.

The company will relocate production of small excavators and backhoes from Japan. The plant is the largest creation of jobs in Georgia since Kia Motors moved to West Point, Ga. in 2009, Gov. Nathan Deal said in a press conference Friday morning.

The announcement is a big win for Georgia, as Caterpillar (NYSE: CAT) has been courted by other Southeast states, including North Carolina, where the company has a division headquarters in Cary, near Raleigh.

The plant will be located on the more than 900-acre “Orkin Tract” straddling the Clarke and Oconee County line, one of the state’s megasites.

http://www.bizjournals.com/atlanta/news/2012/02/17/caterpillar-to-build-plant-near-athens.html

[nanabugg]

1. CAT is still on my "S' list for some of their overseas operations. But this is good news. nt

[RebelOne]

2. Yes, it is good news for us Georgians.

It should put a lot of people back to work.

[oldhippydude]

4. im sure Georgia

is a right to work state.. thats 2 lately that Cat has moved back.. EMD (locomotives) from canada to Indiana, immediatly after the right to work passed..

[Hosnon]

5. Just up the road (relatively) from me! nt.