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 ...

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 ...

Caterpillar Inc. on Aug. 31 marked the 100th anniversary of EMD®. Founded as Electro-Motive Engineering Corporation, EMD is now a product brand of Progress Rail, a Caterpillar company. (Courtesy of ...

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Caterpillar subsidiary Electro-Motive Diesel (EMD) has announced that it is transforming the lockout at its London, Ontario diesel-locomotive manufacturing facility into a plant closure. Six weeks ago ...

After an absence of 12 years, Electro-Motive Diesel Inc. (a subsidiary of the Progress Rail Services Corp. division of Caterpillar Inc.’s Rail Division) has reentered the passenger locomotive market.

Even as temperatures dipped to -10C and blizzards swept in from the Arctic, workers at Caterpillar's locomotive factory in London, Ontario, remained doggedly on their picket line, locked in a bitter ...

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

PEORIA, Ill. -- Heavy equipment maker Caterpillar Inc. says its Alabama-based railroad service unit will spend $820 million cash to acquire locomotive maker Electro-Motive Diesel. Caterpillar says ...

PEORIA, Ill. — Heavy equipment maker Caterpillar Inc. says its Alabama-based railroad service unit will spend $820 million cash to acquire locomotive maker Electro-Motive Diesel. Caterpillar says that ...

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 ...