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Caterpillar to invest $1B in new Sanford, North Carolina factory, buoyed by $85M in local incentives - Charleston Daily

The investment includes plans for a new modern manufacturing facility in Sanford, North Carolina, designed to increase production of compact track loaders and telehandlers to meet customer demand. 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. "As demand for
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charlestondaily.net broke the news on Tuesday, October 6, 2026.
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