PEORIA, Ill.-- A new Caterpillar facility is opening its doors in North Carolina.
The new facility, located in Winston-Salem, will specialize in producing axle assemblies for mining trucks.
Steve Wunning, Caterpillar group president with responsibility for Resource Industries, says the axels produced at the production center will help meet the rising worldwide demand for mining equipment.
"Approximately 90 percent of these components going into machines...are expected to be sold to customers outside the U.S.," said Wunning. "The Winston-Salem plant is an integral part of the strategically important mining business, and this world-class axle facility will allow us to produce more high quality mining trucks in our existing manufacturing operations."
Since 2008, Caterpillar has spent billions on investments and acquisitions to boost manufacturing capacity and expand the mining product line. As recently as last week, Big Yellow announced another $800 million in capacity expansions in Decatur and East Peoria.
The Winston-Salem facility has employed nearly 2,000 workers.