ATHENS, Ga. — A $ 200 million Caterpillar plant in Athens will employ 1,400 people by 2020, state and local officials announced Friday.
The benefits will spread out. In addition to those 1,400 factory jobs, officials said Caterpillar will indirectly create 2,800 jobs through its $ 57 million payroll and $ 39 million in increased retail spending, generating $ 1 million in annual sales tax revenue.
Caterpillar will break ground on the 1 million-square-foot plant in March and start production in 2013, with 800 employees initially, Athens-Clarke County said.