Here are some of the numbers associated with the planned development in northeast Georgia.
The news was confirmed Friday morning that Caterpillar Inc., named by CNN Money one of the 10 Best Stocks for 2012, is to build a new facility in Oconee and Athens-Clarke counties that will serve as the company's global source for small track-type tractors. The company plans to break ground next month and production is expected to begin in 2013. Here's a highlight of some of the numbers associated with the project, according to news releases:
It's the largest manufacturing investment in Georgia since Kia built its Columbus plant in 2006, Gov. Nathan Deal said at the Georgia State Capitol on Friday.
Georgia was in hot competition with other states to woo Caterpillar into building its new factory in the Athens-Oconee area. But in the end, the "seamless package" of job training to be provide through Georgia's Quick Start program, proximity to the port of Savannah, and links with the counties and Athens Technical College gave Georgia the edge, Caterpillar Building Construction Projects Vice President Mary Bell said Friday. Bell and other representatives of the heavy machinery manufacturer stood at the Capitol alongside local officials from Athens and Oconee counties as Gov. Deal announced the major economic development win for the state. It's the largest manufacturing investment in Georgia since Kia built its Columbus plant in 2006, he …