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Caterpillar plans $24M Schertz expansion, more new jobs

·2 min read
Caterpillar plans $24M Schertz expansion, more new jobs
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Caterpillar Inc. is investing $24 million to expand its manufacturing facility in nearby Schertz. As part of a 10-year grant agreement with the Schertz Economic Development Corp., Caterpillar will maintain a total of 169 jobs and a base payroll exceeding $8 million. “Caterpillar is an incredibly important employer in the region,” Schertz Mayor Ralph Gutierrez said, noting that Caterpillar has been a “model corporate citizen” and continued to demonstrate its commitment to the community.