Caterpillar Inc. will close two facilities in Texas and Panama and is also considering shutting its engine manufacturing plant in Illinois as part of a strategy to boost profitability and better handle business cycles, but the move could cut 880 jobs. 474 more words
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Theoretically, a company could choose to be located anywhere in the world. Think about it. So why exactly, year after year, do companies flock to Singapore, of all places? 434 more words
North Ryde, AUSTRALIA – In a move to further complement its rolling stock services portfolio, Progress Rail, a Caterpillar company, has signed an agreement to acquire Downer EDI’s (ASX: DOW) freight rail business (“Downer Freight Rail”). 175 more words
TORONTO — Industrial equipment company Toromont Industries Ltd. has a friendly deal to buy the Quebec-based Hewitt Group for a combination of cash and shares worth about $1.02 billion. 208 more words
Two Bridgestone Americas Inc. tire plants have been honored for supplier excellence from General Motors Co. (GM) and Caterpillar Inc.
Bridgestone’s passenger tire plant in Wilson, N.C., received a GM Supplier Quality Excellence Award for 2016. 539 more words