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Seguin nominates Caterpillar for Texas Enterprise Zone designation to support $30M local investment
Summary
Council voted to approve an ordinance nominating Caterpillar’s Seguin operations for designation under the Texas Enterprise Zone program; staff said the company plans about $30 million in additional investment over five years and currently supports roughly 1,100 local jobs.
Seguin City Council approved an ordinance on first reading nominating Caterpillar’s Seguin facility for consideration under the Texas Enterprise Zone Program, a state-administered sales-and-use tax refund program designed to encourage private investment and job creation in designated areas.
City staff told council that Caterpillar expects roughly $30 million…
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