A big win would have been getting one of the news Caterpillar factories instead of Texa and NC and the several several hundred jobs that will come along with it for the region. Heck, they didn't even had to build a facility. Their is a big empty building in Fenton that would dwarf Mid America's facility. Their is literally a Fortune Five Hundred and Global Manufacturing Leader in Construction Equipment just up the road and I don't think they even gave St. Louis region a thought.
http://enr.construction.com/products/eq ... uction.asp
Even so, North America saw a 43% second quarter sales gain, and it remains Caterpillar's biggest market by sales. The brightened outlook has prompted ambitious U.S. expansion plans, including a new $120-million, 600,000-sq-ft hydraulic excavator manufacturing plant, in Victoria, Texas, about 120 miles southwest of Houston.
Expected to add 1,000 jobs upon completion in mid-2012, the plant will produce hydraulic excavators now produced in Akashi, Japan, and Aurora, Ill., where excavator production will be phased out. The Texas plant is part of a long-term U.S. manufacturing shift from the Midwest to the South, where production costs are cheaper thanks to reduced labor costs—fewer unions, that is—and inexpensive shipping.
“For Caterpillar to maintain industry leadership, it is critical that we continue to invest in our operations,” says Rich Lavin, Caterpillar group president, in a statement. Caterpillar additionally gets $3 million in cash, 320 acres of land, and tax breaks from state and local authorities for the move.
Caterpillar in August also announced plans for an 850,000-sq-ft mining axle assembly plant in Winston-Salem, N.C., a 270,000-sq-ft compact construction equipment facility expansion in Sanford, N.C., and a 3,100-sq-ft engineering design center on the campus of South Dakota School of Mines & Technology in Rapid City. The projects will finish between late 2010 and early 2012, adding about 825 jobs combined.