The news is pretty bad this week. A lot of doom and gloom in the national headlines, especially with unemployment rates still in double-digits, and with employers sitting tight with no new hires. There is however, some great news coming out of the Triad Region this week and we can only get excited about where we are headed in the short-term.
The first announcement was a big one – Caterpillar, Inc announced they would bring a significant manufacturing operation to Winston Salem. This represents 392 full-time jobs with an average salary of $36,000 per year plus benefits. This is a $426 million dollar investment that will also create some good construction jobs to build their facility – a 850,000 square foot facility that will be used to build parts for their large mining trucks.