Caterpillar Inc. said Montgomery is one of three sites in the Southeast under consideration for a “significant” manufacturing facility.
The heavy equipment manufacturer (NYSE: CAT) did not disclose details, but said also in the running are Spartanburg, S.C., and Winston-Salem, N.C.
Jim Dugan, chief corporate spokesman at Caterpillar, said in a statement that location analysis will continue through the summer and a final decision is expected by August.
Caterpillar is based in Peoria, Ill., and had 2009 sales and revenues of $32.4 billion. It manufactures construction and mining equipment, diesel and natural gas engines and industrial gas turbines, according to its website. Its products and components are manufactured in 50 locations throughout the United States and in 60 locations in 23 countries.
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