Gov. Rick Perry, Lt. Gov. David Dewhurst and Speaker Tom Craddick today announced that Caterpillar Inc., a Fortune 50 company, will move one of its primary global assembly, test & paint facilities to Texas, creating more than 1,400 jobs. The state will invest $10 million through the Texas Enterprise Fund (TEF) in the company as a deal-closing incentive for the consolidation and movement of its manufacturing and testing facilities to Seguin, which will generate $169.7 million in capital investment. The project is the second largest in terms of job creation and investment this biennium. Texas was in competition with South Carolina and Mexico for this facility.