Caterpillar 2012 Annual Report Download - page 9

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Features 9
2012 Year in Review
ROCK SOLID
Progress Rail Services and Electro-Motive Diesel (EMD) are
committed to increasing capacity to produce locomotives
globally. Rising oil costs in recent years have made railroads
a more efficient transportation alternative than trucking for
long hauls.
Since acquiring EMD in 2010, Caterpillar and Progress Rail have made
significant investments in new equipment and plant improvements to
enable the creation of new products and services to meet the growing
demands of the international railway industry. With new locations
located strategically around the world, Caterpillar is well-positioned
to meet the challenging competitive realities of the global rail industry
and to provide quality products to customers around the world.
The Muncie, Ind., facility is the first locomotive assembly plant to open
in the U.S. in many years and marks Progress Rail’s strategic approach to
compete and win in the global railway industry. In less than two years,
this facility has completed 100 diesel-electric locomotives for customers.
In South America, Progress Rail, through its subsidiary, MGE Equipamentos
e Servicos Ferroviarios Ltda. (MGE), has located a locomotive manufac-
turing facility in Sete Lagoas, in the state of Minas Gerais, Brazil, to
better serve the diesel-electric locomotive market in this region. The
company made an investment to open and modernize the existing
manufacturing plant to produce world-class locomotives. This state-of-
the-art facility, which has the potential to create jobs, assembles and
manufactures EMD-branded locomotives in a 12,000-square-meter
space on a 100,000-square-meter site.
Since 2006, Caterpillar has demonstrated its rail commitment by
investing more than $2 billion to meet customers’ growing needs.
Through these collective investments, Progress Rail and EMD are
positioned to produce the most durable, reliable and sustainable
locomotives in the world.
Rock Solid Potential
TRACKING ON
THREE CONTINENTS
Investments to meet the growing demands of
the railway industry.