Company: Progress Rail Raceland Corporation Parent Company: Caterpillar Inc. Subsidy Source: state Location: Kentucky City: Raceland County: Greenup Address: Old US Hwy 23 Pond Run Zip: -41169 NAICS Industry Code: 336510, 423930 Year: 2007 Major Industry of Parent: heavy equipment Specific Industry of Parent: construction equipment Subsidy Value: $2,000,000 Program Name: Kentucky Rural Economic Development Act Awarding Agency: Kentucky Economic Development Finance Authority Type of Subsidy: tax credit/rebate Number of Jobs or Training Slots: 71 Wage Data: $17.80 Wage Data Type: estimated average hourly wage Capital Investment: $21,000,000 Source of Data: (click here) Notes: Year is year of KEDFA approval. Jobs figure is estimated new jobs. Investment figure is total project cost. Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.