Caterpillar Expands Lafayette Large Engine Center
Largest investment since facility opening, adds 100 new jobs to campus
LAFAYETTE, Ind., Aug. 13, 2024 – To further satisfy growing customer demand, Caterpillar Inc. (NYSE: CAT) has broken ground on a major expansion at its Lafayette, Ind. large engine facility.
Caterpillar’s large, multi-year capital investment at the facility will increase capacity for both new engines and aftermarket parts. A new building on the Lafayette campus will allow the company to expand its ability to build and test new engines, genset packages and provide aftermarket components by expanding the campus’ footprint, refurbishing equipment and investing in additional equipment.
“We’re excited for the opportunity to further invest in our Lafayette Engine Center to continue to deliver for our customers,” said Bart Myers, Caterpillar senior vice president of Large Power Systems who has responsibility for the Lafayette campus. “We are grateful to the State of Indiana and the City of Lafayette for their support as we make this investment to ensure adequate capacity while enhancing safety for our employees.”
This expansion, the largest investment in Lafayette since the facility opened in 1982, will support a growing need for backup and prime power for data centers globally, driven in part by cloud computing and generative artificial intelligence.
“The success of the Lafayette Engine Center is rooted in our people, our commitment to safety and our dedication to technical innovation and continuous improvement in the interest of customers’ business success,” said Myers.
The expansion project will also result in 100 new jobs on the campus. About 1,900 employees currently work at the Lafayette Engine Center.
About Caterpillar
With 2023 sales and revenues of $67.1 billion, Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For nearly 100 years, we’ve been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed. Caterpillar does business on every continent, principally operating through three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and providing financing and related services through our Financial Products segment. Visit us at caterpillar.com or join the conversation on our social media channels at caterpillar.com/en/news/social-media.html.
