CORINTH, Mississippi — Caterpillar’s annual meeting of stockholders is taking place Wednesday in Corinth.
Peoria, Illinois-based Caterpillar Inc. has had a presence in Corinth for 32 years.
Caterpillar spokeswoman Rachel Potts says the company has tried in recent years to hold stockholder meetings in places where the company has facilities.
Recent shareholders meetings have been in North Little Rock, Arkansas; Greensboro, North Carolina, and San Antonio, Texas.
Corinth is home to some of Caterpillar’s Remanufacturing operations, employing some 1,200 employees.
Caterpillar also employs another 500 workers in facilities in Booneville, Oxford and Water Valley in Mississippi.
In February, Caterpillar announced a $14.8 million expansion in Corinth that will add 30 jobs to its new Large Engine Remanufacturing Facility, which builds the company’s C175 engine used for mining equipment and power generation.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info