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 ...

Norfolk Southern on Wednesday announced the order of four additional EPA Tier 2 compliant, high-horsepower locomotives, designated the PR43C and powered by new generation Caterpillar engines. The new ...

Beyond the Skyline is a podcast and video interview about economic development, real estate and construction in Minnesota.

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 ...

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 ...

Jan 28 (Reuters) - Union Pacific Corp (UNP.N), opens new tab plans to buy 10 battery locomotives from Caterpillar Inc (CAT.N), opens new tab, Caterpillar Chief Financial Officer Andrew Bonfield said ...

Progress Rail Services intends to rehab an idle manufacturing plant in Muncie, Ind., as a facility for assembling locomotives, in a $50-million project. A state agency is incentivizing the project ...

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 ...

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 ...