Progress Rail news – Page 4
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NewsMetrolink orders EMD passenger locomotives
USA: Southern California Regional Rail Authority has signed an agreement for Electro-Motive Diesel to supply 'up to 20' F125 Spirit diesel locomotives for use on Metrolink passenger services. Announcing the deal on May 31, EMD said it would assemble the locomotives at its Muncie, Indiana, plant for delivery from ...
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NewsProgress Rail buys RibbonWeld mobile welding assets
USA: Progress Rail Services announced the purchase of RibbonWeld's mobile rail welding assets on December 12. Progress Rail will acquire RibbonWeld's mobile flash butt welding equipment and a continuous welded rail train, which will become part of its Chemetron Railway Products subsidiary. RibbonWeld will continue to provide in-plant rail ...
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NewsEMD and Barloworld form African locomotive joint venture
SOUTH AFRICA: Electro-Motive Diesel and plant, automotive and handling product distributor Barloworld have formed Electro-Motive Diesel Africa, a joint venture which will assemble locomotives in South Africa for the wider southern African market. 'Africa is an important market for us and the joint venture with an established company, like Barloworld ...
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NewsProgress Rail closes EMD plant in London
CANADA: Caterpillar subsidiary Progress Rail announced on February 3 that it was closing the Electro-Motive Diesel locomotive assembly plant at London, Ontario, with immediate effect. Approximately 450 employees represented by the Canadian Auto Workers union will be affected, along with non-union management grades. Staff at Electro-Motive Canada had been locked ...
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NewsTasRail awards locomotive replacement contract
AUSTRALIA: A partnership of Downer Rail and Progress Rail is to supply 17 diesel locomotives to Tasmania's TasRail from mid-2013 under a A$60m contract which was signed on December 13. The PR22L locomotives will replace the current fleet that is 'well beyond' its useful operating life and which TasRail Chairman ...
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NewsProgress Rail plant completes first locomotives
USA: Progress Rail Services officially opened its locomotive assembly plant in Muncie, Indiana, on October 28, with the unveiling of the first two locomotives produced at the site. The Caterpillar subsidiary rolled out the locomotives for Ferromex and Setrag 10 months after work at the site began, and 364 days ...
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NewsProgress Rail announces Brazilian locomotive plant
BRAZIL: Progress Rail Services has leased a previously disused plant at Sete Lagoas in Minas Gerais state where it will assemble Electro-Motive Diesel branded locomotives for the South American market. Progress Rail Services said on July 25 it is planning 'significant investment' in the facility, which will be operated by ...
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NewsProgress Rail Services buys Balfour Beatty track component business
UK: Balfour Beatty Rail announced an agreement to sell its manganese steel casting, track panel, turnout and crossing design and manufacturing business to the Progress Rail Services subsidiary of Caterpillar Inc on April 15. The transaction will be completed in May. The business operates from five sites in the ...
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NewsProgress Rail buys Coast to Coast Signal Engineering
USA: Progress Rail Services announced its purchase of Coast to Coast Signal Engineering Inc on December 20, the Caterpillar subsidiary's third signalling acquisition of 2010. Financial details were not released. Coast to Coast Signal Engineering was established in 1984 and is based in Omaha, Nebraska. It will now operate as ...
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NewsProgress Rail announces location for US locomotive plant
USA: A former ABB factory in Muncie, Indiana, which has been empty since in 1998 was named as the location for Progress Rail Services' new US diesel locomotive plant on October 29. To be up and running by the end of 2011, the factory will be operated by a new ...
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NewsProgress Rail Services completes EMD acquisition
EMD: Progress Rail Services announced on August 3 that it had completed the acquisition of Electro-Motive Diesel from Berkshire Partners and Greenbriar Equity Group. The Caterpillar subsidiary paid $820m in cash plus a net working capital adjustment estimated at $108m. EMD is now a subsidiary of Progress Rail. 'The acquisition ...
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NewsEMD sold to Caterpillar
USA: Progress Rail Services announced on June 1 that it had signed a definitive agreement to purchase locomotive builder and diesel engine manufacturer Electro-Motive Diesel Inc for $820m in cash. Although retaining its own identity as a standalone company, EMD is to become a wholly-owned subsidiary of ...
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