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Rio Nuevo Board Authorizes $43M in Financing for Caterpillar’s Tucson Mining Center

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TUCSON, ARIZONA — The Rio Nuevo Board last week unanimously approved a motion to authorize its executive officers to finalize and execute the $43 million loan package issued by Rio Nuevo to finance the construction of Caterpillar’s Tucson Mining Center. The entire $43 million plus interest will be passed on to Caterpillar by the terms […]

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Sundt Gets Go-Ahead to start Caterpillar’s HQ in Tucson

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TUCSON, Arizona — Sundt Construction has announced the go-ahead to start construction on the new Caterpillar’s Surface Mining & Technologies (CSM&T) division headquarters in Arizona for Caterpillar Inc. (NYSE: CAT). Tucson-based, Sundt Construction the contractor, announced Wednesday of getting the go-ahead to start on the new $43 million division headquarters in Arizona for Caterpillar Inc.

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Rio Nuevo Proceeds with Caterpillar’s Building – What will City of Tucson Do?

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TUCSON, Arizona — The Rio Nuevo Multipurpose Facilities District board at a Special Meeting held Monday voted unanimously to issue a site mobilization notice to proceed on the future Caterpillar building site near downtown Tucson. While the lease between Rio Nuevo and Caterpillar is yet to be signed, Rio Nuevo attorney Mark Collins gave the

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