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Caterpillar Overstates Jobs Created

Caterpillar hired 364 full-time employees in 2013, including 60 contract service workers, allowing it to claim the 364 figure in the compliance report it filed with Oconee County on Feb. 26 as required by the memorandum of understanding it signed with the county.

Caterpillar said its monthly average of full-time jobs for 2013 on the site of its new plant on the Athens-Clarke County and Oconee County border was 214. The goal stipulated in the memorandum was 100, allowing Caterpillar to state that there was no jobs shortfall for 2013.

Caterpillar also stated in the compliance report that it had invested $107,407,527 as of Dec. 31, 2013, but it provided no details of that spending. Caterpillar was required to spend only $50 million, so it claims there was no investment shortfall for the year.

Oconee County and Athens-Clarke County, which split costs equally on the project designed to lure Caterpillar to the area, spent $18,069,830, according to documents Caterpillar filed with the state on Jan. 30 of this year.

For more, visit Oconee County Observations.