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5 Companies Bringing Jobs Back to the U.S.

These blue chips are moving manufacturing stateside again

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Caterpillar Inc. (NYSE:CAT)Another big manufacturing name investing in new plants and thus, new jobs: Caterpillar (CAT). The company broke ground on a new plant in Athens, Ga. last year — a facility to insource previously Japanese-made products like small tractors and excavators.

And earlier this year, the first American employees finally got to work in it.

Back in March, 50 workers moved into the 850,000-square-foot facility — the first and admittedly small step in a five-year production plan. That groundbreaking group makes up less than 4% of the total workforce that will soon call the plant home.

Still, Caterpillar is far from patriotically perfect. While the new Georgia plants have gotten their fair share of press, you can’t overlook the two new Chinese facilities that opened even more recently, and the fact the company has been vocal about plans to continue research and development activities there.

Article printed from InvestorPlace Media,

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