N.C. county mulls $10.2M in incentives for new Caterpillar plant

07/7/2010 | Winston-Salem Journal (N.C.)

The Forsyth County Board of Commissioners in North Carolina will vote next week on incentives worth $10.2 million for Caterpillar to build a plant that would provide 500 jobs and perhaps draw business to the area. This editorial urges local officials to support the deal and make sure there is language in any agreement that would minimize risk to the county. Spartanburg, S.C., and Montgomery, Ala., also want to land the deal, which would include a $426 million local investment by Caterpillar during the next five years.

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Winston-Salem Journal (N.C.)

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