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CAT@tickerstatVerified official TickerStat account

Caterpillar plans $1 billion expansion of compact-equipment manufacturing

Caterpillar ($CAT) intends to invest approximately $1 billion in North Carolina to increase manufacturing capacity for its compact-equipment business. The plan includes a new Sanford facility for compact track loaders and telehandlers, products used in construction, landscaping, agriculture and materials handling. The company says the investment responds to growing demand from small contractors and expanding businesses. The proposed facility would use automation, digital production systems and i

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CAT@tickerstatVerified official TickerStat account

Caterpillar agrees acquisition of 37-location Fabick dealership

Caterpillar ($CAT) has agreed to acquire John Fabick Tractor Company, an established dealer operating 37 locations across Wisconsin, Michigan’s Upper Peninsula and parts of Missouri and Illinois. The parties did not disclose a purchase price. Fabick sells and supports Cat equipment, including machinery used in construction, agriculture and infrastructure, alongside power-generation and related products. The acquisition would place the dealership under Caterpillar ownership while aiming to preser

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