American corporation which designs, manufactures, markets and sells machinery and engines
Dominic Pino of National Review Online documents the latest evidence that blue-state policies drive people away. Caterpillar, long based in Illinois, announced today it will be moving its headquarters to…
Surprise, surprise! Bigger businesses would have an easier time than their smaller competitors taking the economic hit from new tariffs. Jack Hough offers details at Barron’s. Campbell Soup got some…
I wish I found these sorts of stories surprising, but I don’t. Caterpillar, after receiving millions in taxpayer dollars through state and local incentive packages, now says it can’t meet…
Click here to view and here to listen to Sarah Curry discussing this Spotlight report. RALEIGH — North Carolina’s largest cities dealt with nearly 240 economic development contracts and promised…
The Town of Tryon was going to purchase a new backhoe for $53,500 plus trade-in value, but they changed their minds after they couldn’t talk Caterpillar down on the price.…
Caterpillar just announced it will be closing its Franklin plant, eliminating 150 jobs; and another plant in Georgia, costing 125 jobs. In the old days, this would be viewed as…
Caterpillar, that great recipient of corporate welfare, is getting rid of its third shift and laying off twenty part-time workers at its Franklin plant. Caterpillar was willing to create jobs…
This week’s Carolina Journal Online Friday interview features a conversation with George Mason University economist Peter Leeson about the economics of pirates. Becki Gray’s guest Daily Journal explains why North…
You must be a redneck if you believe that giving caterpillar $2 million for adding jobs that it would have added without the money is a bad deal. In other…
In case you missed it, here’s the NYT Sunday front-pager the new Caterpillar plant in Winston-Salem. The hed pretty says it all —-‘private sector gets jobs skills, public gets bill,’…
Caterpillar Inc. had its grand opening yesterday. The Winston-Salem Journal editorializes: There was the company’s announcement on a blazing summer day two years ago that it was coming to Winston-Salem,…
We all know about the Gore Effect. That’s the strange phenomenon that brings record-cold temperatures and snowfall to an area whenever Al Gore arrives to discuss global warming. But is…