Caterpillar emerges as a beautiful butterfly for Katowice

Caterpillar, an American producer of construction and road equipment, will spend zl. 110 million on a machine-parts plant in Sosnowiec, part of the Katowice Special Economic Zone (SEZ). The new factory, scheduled for completion next year, will employ 350 workers. Metal machine parts produced at the Sosnowiec plant will be used as components for equipment built by the company in other countries. The total of investments planned this year in the Katowice SEZ amounts to over zl. 250 million and these should result in an increase in employment in the region by over 800 people. At present there are almost 50 companies operating in the zone and the biggest investors are automotive concerns Isuzu and Opel. The future level of investment should amount to zl. 7 billion with the number employed reaching 25 thousand. (Parkiet, p. 7) M.M.