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Cat jackhammers millions into WacoCat jackhammers millions into Wacohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=74882013-05-02T07:56:00Z2013-05-02T00:00:00Z

WACO - Caterpillar, the equipment company who literally moves mountains, has found a reliable partner in Waco.

Cat’s local facilities make excavation buckets as well as surface-blasting hammers that look like jackhammers on steroids. It has created two logistics centers that ship stock and emergency parts to dealers.

Caterpillar has invested nearly $50 million in Waco in the past 15 years, and will spend another $6 million to install new equipment. The company will create 60 new full-time jobs with benefits by the end of 2015 and retain 188 jobs.

The Waco City Council approved another deal with Caterpillar, which will receive a business grant of approximately $45,000 in exchange for a pledge to install $6.2 million in machinery and equipment at the Caterpillar Work Tools plant on Texas Central Pkwy.

Caterpillar has created two logistics centers: one occupies one million sf in the former General Tire plant, the other 750,000 sf near Bagby Ave. and Gateway Blvd.

Listen to Podcast 170 for this story...and more!

Waco Tribune-Herald
Waco
Industrial
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