Caterpillar Inc. /quotes/comstock/13*!cat/quotes/nls/cat (CAT 67.50, -1.21, -1.76%) said Thursday it will break ground on a new hydraulic excavator plant in Victoria, Texas, in September. The plant, which is expected to employ more than 500 people and triple Caterpillar's U.S. hydraulic excavator capacity, is expected to start production in mid-2012.
http://www.marketwatch.com/story/caterpillar-to-build-new-hydraulic-excavator-plant-2010-08-12
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