With one of the largest economic packages ever offered, Texas has won a Caterpillar Inc. engine assembly plant that will be built in Seguin, near Austin and San Antonio.

The state will invest $10 million through the Texas Enterprise Fund in the company for the consolidation and movement of its manufacturing and testing facilities to Seguin, which is expected to generate $169.7 million in capital investment and 1,400 jobs. Texas was in competition with South Carolina and Mexico for the plant, which will combine assembly, paint, and testing facilities now located in Illinois and South Carolina.

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