Caterpillar Track Components has announced plans to invest some $2.8 million to expand operations at its plant in Boyle County, where it produces components for Cat machines, including pins and bushings for tractors and hydraulic excavators, and hinge pins for wheel loaders. The expansion is part of the company’s decision to move an existing product line from its facility in Franklin, N.C., to the Danville plant. In addition to retaining the Danville plant’s existing jobs, the expansion will create approximately 18 new positions.
Remke Markets, an Erlanger-based chain of supermarkets, has announced plans to purchase seven Bigg’s stores and pharmacies in the Cincinnati area from Bigg’s parent, SuperValu. Minnesota-based SuperValu is closing its five remaining Bigg’s stores in the area by the end of May. The acquisition brings Remke Markets’ complement of stores in the area to 13. Financial details of the transaction were not released.