ALBERTVILLE, Ala.ALBERTVILLE, Ala. — Caterpillar Inc. said Monday its rail-services unit completed the acquisition of locomotive maker Electro-Motive Diesel for $820 million plus a post-closing ...

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As rain pelted the windows at General Electric Co. offices in Chicago, executives debated whether to build a low-emission locomotive. The deliberations went on for two days, and to keep the mood ...

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 ...

MUNCIE, Ind.MUNCIE, Ind. — Caterpillar Inc. announced plans Friday to start building diesel-electric locomotives in a vacant former transformer factory in eastern Indiana, potentially hiring 650 ...

Diversified conglomerate General Electric Co. (NYSE:GE) is beating Caterpillar Inc. (NYSE:CAT) in the race to provide railroad locomotives that comply with tougher U.S. emission standards going into ...

DEERFIELD, Ill., FORT WORTH, Texas, and SAN RAMON, Calif., Dec. 14, 2021 /PRNewswire/ -- Progress Rail, a Caterpillar Inc. Company (NYSE: CAT), BNSF Railway Company ...

MUNCIE, Ind. -- Caterpillar Inc. announced plans Friday to start building diesel-electric locomotives in a vacant former transformer factory in eastern Indiana, potentially hiring 650 workers in the ...

Union Pacific Corp plans to buy 10 battery locomotives from Caterpillar Inc, Caterpillar Chief Financial Officer Andrew Bonfield said on Friday, as the rail company moves away from diesel fuel to meet ...

Caterpillar Inc. agreed to buy a U.S. maker of railroad locomotives Tuesday for $820-million (U.S.) in cash, expanding its rail business from service into engine manufacturing. The world's largest ...