Cat to break ground on Winston-Salem plant in November
Powertrain facility continues investment in North American manufacturing
The Winston-Sale Journal reported this week that Caterpillar Inc. wll break ground Nov. 12 for its $426 million plant in Winston-Salem.
It’s the second major construction project announced by Caterpillar in the last month. Cat also announced plans for a 600,000 square foot plant in Texas.
The Journal repored tat local economic and elected officials were told about the ceremony by Mike Murphy, the general manager of the company's Lower Powertrain Systems business unit.
The company chose Winston-Salem for the manufacturing plant on July 30. The plant, when fully operational, will have 392 Caterpillar and 118 contract employees.
Caterpillar said it will take a year to build its 850,000-square-foot plant. It expects to begin production in the first quarter of 2012.
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Annual Salary Survey
After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.
The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.