North Carolina county approves incentives for Caterpillar plant

07/14/2010 | Winston-Salem Journal (N.C.)

The board of commissioners in Forsyth County, N.C., will offer Caterpillar $10.2 million in incentives to build a $426 million plant in the Winston-Salem area that will employ about 400. The state is working on incentives and tax breaks worth $75 million to land the factory, which would manufacture and test earth-moving and agricultural equipment. Officials want Caterpillar to meet certain requirements with capital investment and jobs or pay back the incentives.

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Winston-Salem Journal (N.C.)

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