The Business ReportCaterpillar Inc. Sets Long-Term Sights on the TriadNovember 18, 2011 | David FordCaterpillar is betting big on its Global Mining division. This summer it purchased Ohio-based mining equipment manufacturer Bucyrus International for a whopping $8.8 billion, and on Wednesday, crowds of dignitaries and officials turned out for the grand opening of Caterpillar’s sparkling new mining equipment component plant in Winston-Salem.
The ceremony took place in the shadows of the now-vacant Dell building next door, leaving some in attendance to contemplate that company’s all-to-brief history in the Triad.
In this week’s Business Report, Business Journal Contributing Writer and Director of the Journalism Program at Wake Forest University Justin Catanoso puts Caterpillar’s latest move in perspective. He spoke with WFDD’s David Ford.
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WFDD News Archives
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November 1, 2011: Hearing sought in Duke, Progress Energy merger (Keri Brown)
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November 1, 2011: Lights, Camera, Action Come to Graham
(Keri Brown)
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October 28, 2011: Business contest hope to inspire Triad-Piedmont entrepreneurs (Keri Brown)
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October 28, 2011: Triad residents voice concerns at public hearing on proposed utility rate increases (Keri Brown)
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October 28, 2011: Taking PART in Ride Sharing (David Ford)
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October 27, 2011: Former UNCSA Chancellor Gets National Opera Award (David Ford)
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October 26, 2011: High Point market furniture show sees strong showing (Keri Brown)
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