Caterpillar breaks ground on Forsyth County plant
Posted November 12, 2010 8:04 p.m. EST
Winston-Salem, N.C. — Crews broke ground in Forsyth County on a new Caterpillar Inc. plant on Friday.
The heavy equipment manufacturer is building a $426 million factory in Winston-Salem to produce axle units for large mining equipment. It could employ about 500 full-time and contract workers in five years.
The plant will produce axle assemblies for large mining machines, Caterpillar officials said, and it is part of the company's long-term strategy to increase mining truck capacity.