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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

Caterpillar Inc

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

News

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

Caterpillar names Deerfield, Illinois as its new global headquarters

DEERFIELD, Illinois — Caterpillar Inc. announced on Wednesday, April 19th that its new global headquarters will be located in Deerfield, Illinois — a northern Chicago suburb. 160 more words

Business

Large-Caps Behold Advance

Caterpillar Inc (CAT) will report first-quarter financial results before market open on Tuesday, April 25. Tomorrow the farm and construction machinary maker is paying 77 cents a share quarterly dividend. 13 more words

Company

Hundreds lose jobs as Caterpillar Inc. shut down plant in Aurora, Illinois

Caterpillar Inc. said on Friday it will shut its Aurora, Illinois, plant, costing about 800 employees their jobs as the world’s largest construction and mining equipment maker shifts production to other U.S. 238 more words