State and local officials are busily prepping an incentives package for a Caterpillar plant that would be built in Forsyth County near the still-running Dell plant.
Forsyth and the City of Winston-Salem would offer up $3.5 million each, with the state kicking in $50 million:
The expected $7 million local offer to Caterpillar would be the third-highest package since the incentive era began in 1991, topped only by the $33.7 million offered to Dell in 2004 and the $11.4 million offered to Piedmont Triad Research Park in 2006.
If the state offers up to $50 million, it would be the third-highest offered by the state for a Triad economic project behind up to $267 million for Dell and $115 million for the FedEx Corp. cargo hub at Piedmont Triad International Airport.
Meanwhile, we learn that Greensboro made its pitch for the CAT plant, but didn’t make the first cut.
Update: W-S offers up incentives to a beverage company that apparently was moving there anyway.
