The new factory is the most recent expansion for Caterpillar in the USA and is expected to employ about 800 people once it is fully operational.
The new, 1.1 million-square-foot operation represents a US$200m (£125m) investment by Caterpillar to increase excavator capacity and production in the United States. The company has already hired about 225 new employees in Victoria, and plans to continue hiring as it ramps up production.
“This new facility in Victoria will help us better serve our customers in North America, and I am thrilled to have the opportunity to meet some of our newest employees and to see first hand a factory that I am sure will be among the very best we have anywhere in the world,” said Caterpillar chairman and CEO Doug Oberhelman.
When operating at full capacity, the new Victoria facility will more than triple the current capacity of hydraulic excavators produced by the company in the United States. The excavators to be produced in Victoria are now made at a Caterpillar facility in Aurora, Illinois, and at a Caterpillar facility in Akashi, Japan. Expanding capacity in the United States at the new Victoria location is intended to position Caterpillar to better serve North American excavator customers with a single, dedicated facility.