EDQ Quarterly Newsletter Spring 2014 | Page 6

Mayor Nancy Denson at the Athens Caterpillar Plant Grand Opening on October, 31, 2013. brings metamorphosis to Athens job market A thens’ signature colors of red and black have taken a bit of a twist, and added yellow to the mix, thanks to Caterpillar, the new kid in town. Since first discussions of bringing the international manufacturer to the Classic City, Athens citizens welcomed the plant with open arms. Caterpillar Operations Manager Todd Henry, who relocated to Athens from Raleigh, N.C., recognized the outpouring of support from the local community. “The government and local officials have been really great to work with and helped us keep our project timeline on plan,” said Henry. “Even at the state level, everywhere I go, it seems people are so excited about Caterpillar coming to Athens and expanding our presence in the state of Georgia.” By Marcie Hunter And, rightfully so. The newly constructed manufacturing facility, which will produce mini hydraulic excavators and small track-type tractors, broke ground March 2012 and quickly became the largest private employer in Athens and the biggest economic development project in the state since 2006. The new $200 million facility has taken root in an industrial plot of land that had been unoccupied for more than 30 years. Along with its million-square-foot plant, Caterpillar brings 1,400 jobs to the Athens area. An estimated 25 to 30 suppliers are projected to join Caterpillar in the Athens area, establishing an additional 2,800 jobs for the community. To top it all off, the economic impact generated by Caterpillar is valued between $1 billion and $3 billion. Selecting the Orkin/IBM site in Bogart for Caterpillar was no easy feat, but has since reaped many benefits. 6 6 6 ECONOMIC DEVELOPMENT DEPARTMENT www.AthensBusiness.org 706-61 3-3233