PEORIA (dpa-AFX) - Tejon Ranch Co. (TRC) Monday said Caterpillar Logistics Inc., a subsidiary of Caterpillar Inc. (CAT), is purchasing 46 acres of land within the Tejon Ranch Commerce Center to construct a 400,000-square-foot parts distribution facility.
The facility is expected to serve Caterpillar dealers and customers throughout California and the western United States.
Caterpillar is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives.
The new Caterpillar facility is scheduled to be operational in late 2012 and is expected to employ up to 150 people.
Copyright RTT News/dpa-AFX