Peoria-based Caterpillar Inc. announced Tuesday an agreement to produce railroad locomotive engines for Morrison Knudsen Corp. of Boise, Idaho. Company officials would not put a value on the ...

Caterpillar Inc. has fallen far behind General Electric Co. in the race to offer a railroad locomotive that complies with stricter emission standards that take effect next year. Caterpillar's ...

The wager secures GE’s spot for at least a few years as the world’s largest locomotive maker, and it sets Caterpillar back in its goal of grabbing enough market share to be a closer No. 2.

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 ...

It was not just any train, but the first locomotive painted in Caterpillar colors, said spokesman Rusty Dunn. The locomotive had been displayed at last month's MINExpo in Las Vegas where ...

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 Inc. said Union Pacific Corp. will purchase 10 of its electric locomotives, making them the fourth customer for the technology. The announcement Friday in a call with analysts comes as ...

(Reuters) -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 ...

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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 ...

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 ...