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Aug.
4, 2011 – Caterpillar Inc. announced Aug. 1 plans to increase its manufacturing
capabilities and capacity for hydraulic excavators to be produced at a facility
now under construction in Victoria, Texas. In August 2010, Caterpillar
announced it would build the excavator plant, investing about $130 million to
open the 850,000-square-foot operation.
The
additional $70 million investment announced recently, which will include
another 200,000 square feet under roof and the addition of selected fabrication
manufacturing for excavator production, will translate into 100 additional
jobs.
Excavator
production in Victoria is expected to begin in mid-2012.
Once
fully operational, the Victoria facility will produce seven excavator models and employ 600 people.
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