Statement from N.C. Commerce Secretary Lee Lilley on Caterpillar's Expansion

What this means

A factual summary is pending editorial review. The complete official release is reproduced below with issuer attribution and a direct link to the original publication.

Official release

Source material from North Carolina Department of Commerce. The wording below is the issuer’s statement.

North Carolina Commerce Secretary Lee Lilley issued a statement on Caterpillar's plans to expand its production capacity with a new manufacturing facility in Sanford:

“Caterpillar’s billion-dollar investment in North Carolina is putting down even deeper roots in Sanford. Their investment is a powerful reflection of the manufacturing excellence, innovation, and opportunity that have become synonymous with North Carolina.

As a major employer in Lee County, Caterpillar understands that lasting success is built through strong communities and meaningful partnerships. Their leadership in creating pathways for the next generation through apprenticeship opportunities is helping prepare our workforce for the future.

We’re proud to celebrate this exciting next chapter with Caterpillar and look forward to supporting their continued growth and success for many years to come.”

Release text attributed to North Carolina Department of Commerce. Consult the official publication for any subsequent corrections or updates.