Cat to open new plant in Ark.
Posted January 04, 2009 10:00 pm
LITTLE ROCK, Ark. -- State officials in Arkansas say Caterpillar Inc. will open a new plant in North Little Rock that will build motor graders.
Officials say the Caterpillar plant will employ about 600 people.
The Peoria-based company says it plans to invest $140 million in the project.
Production is expected to begin in early 2010.
Motor graders are used primarily for mining applications, and a nearly full line of motor graders will be manufactured at the North Little Rock plant.
Stock in Caterpillar fell 25 cents to $46.66 in early trading Monday.
Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked.
If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.