The parent of Progress Rail Services is eyeing a move of the Electro Motive Diesel business to a new facility on the East Coast, and out of its historic plant in LaGrange, Ill., involving as many as ...
Caterpillar Inc. of Peoria, the world’s largest maker of construction equipment, said Tuesday that it agreed to buy locomotive manufacturer Electro-Motive Diesel Inc. of La Grange for $820 million to ...
NEW YORK--(BUSINESS WIRE)--CIT Rail Resources, an operating group of CIT Group Inc. (NYSE: CIT), and one of North America's largest railcar and locomotive lessors, announced today that it has signed ...
MONTREAL , Oct. 21 /CNW Telbec/ - CN (TSX: CNR)(NYSE: CNI) announced today orders for 70 new high-horsepower locomotives from GE Transportation, a unit of General Electric Co. (GE), and Electro-Motive ...
CHICAGO, Oct 29 (Reuters) - Caterpillar Inc said it will begin building diesel-electric locomotives in the United States in 2012, a move sure to ratchet up its rivalry with industry leader General ...
Simply sign up to the US & Canadian companies myFT Digest -- delivered directly to your inbox. The company that has dominated key segments of the European diesel locomotive market is set to face ...
Hafeet Rail, the developer and operator of the UAE-Oman Rail Network, has partnered with Progress Rail, a Caterpillar company, to supply 27 state-of-the-art EMD SD70ACS heavy-haul freight locomotives.
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