The Chrysler Group announced on March 22 its plans to engineer and produce a pure electric vehicle using the Fiat 500 platform, which was shown earlier this year at the 2010 ... Read More
Illinois scored more than $1.2 billion of the $8 billion in federal high-speed rail stimulus grants to be announced Thursday, enough to cut the Chicago-to-St. Louis travel time by nearly 25% ... Read More
Cephalon, Inc. has signed an agreement to acquire Mepha AG and its subsidiaries for $590 million. The privately-held, Swiss-based Mepha is focused on innovative dosage formulations for both generic and branded ... Read More
CG Automation, a wholly owned subsidiary of MSE Power Systems Inc., announced the acquisition of ADMS Wind SCADA and wind turbine monitoring systems technology from Second Wind Systems Inc. The company ... Read More
Caterpillar Inc. said Friday that its machine sales worldwide jumped 11 percent in May compared with a year ago as a rebound in North American and Asian business markets helped offset ... Read More
Caterpillar said its rail-services unit completed the acquisition of locomotive maker Electro-Motive Diesel for $820 million plus a post-closing adjustment estimated at $108 million, The Associated Press reported. Electro-Motive Diesel, or ... Read More
Caterpillar Inc. agreed to buy a U.S. maker of railroad locomotives on Tuesday for $820 million in cash, expanding its rail business from service into new engine manufacturing. The world’s largest ... Read More
Caterpillar Inc., the world’s largest maker of construction and mining equipment, said Monday that it was ramping up production as the global economic recovery spurred demand for its heavy equipment, especially ... Read More
Caterpillar Inc. said March 11 it is considering the construction of a new hydraulic excavator plant in the United States that could result in the transfer of some production from Japan. ... Read More
Private equity firm Castle Harlan Inc. said Monday it is buying plastic container maker Pretium Packaging LLC and rival PVC Container Corp. in deals valued at a combined $200 million. The ... Read More