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Caterpillar to build plant for mining parts in N.C.

Heavy-equipment manufacturer Caterpillar Inc. said Friday it will build a parts plant for large mining machines  in North Carolina, and it expects to employ about 510 full-time and contract workers in five years.

Construction is scheduled to begin in November on the Winston-Salem factory where workers will machine, assemble, test and paint axle assemblies for large mining machines. Production is expected to begin in the first quarter of 2012. Get the full story »