SOURCE: Industrial Info Resources

Industrial Info Resources

April 22, 2011 06:15 ET

Caterpillar Continues to Increase Manufacturing Presence in South, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Apr 22, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Caterpillar Incorporated (NYSE:CAT) (Peoria, Illinois) has historically had a significant presence in the Midwest and Great Lakes regions, including research and development, manufacturing and distribution facilities. However given the recent economic situation in the U.S. and the tax increases, particularly in Caterpillar's corporate home state of Illinois, Caterpillar has been relocating manufacturing and distribution operations to southern states such as Texas and North Carolina -- states with lower taxes and no significant union presence.

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