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Caterpillar set to retrench hundreds of workers as it plans shutdown of several facilities

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

Here's why you'll find Caterpillar Inc., Malwarebytes, and United Airlines in Singapore

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


Dow Industrials Cross 25000 for First Time

Should it close above that mark, milestone would represent the fastest 1,000-point gain in the blue-chip index’s history

By Corrie Driebusch, Akane Otani and Georgi Kantchev… 270 more words

Progress Rail to Acquire Downer Freight Rail

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

International Railway Industry

This $1.02 billion deal will create a Canadian heavy equipment giant

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


Bridgestone Earns Supplier Award from GM and Caterpillar

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

We Are To Pay For Trump's Wall?

HR 1813 is not the name of a deadly virus like H1N1. It’s the Border Wall Funding Act 2017. Republican Congressman Mike Rogers from Alabama and eight of his colleagues introduced the act on March 30. 878 more words

Race And Class Politics