Progress Rail has sold its Progress Rail Equipment Leasing (PRELC) subsidiary to affiliates of Paceline Equity Partners, a Dallas-based private equity manager. PRELC offers an extensive fleet of ...

Also part of Progress Rail, Kershaw Manufacturing produces a complete line of railway maintenance-of-way equipment. Developed in the 1940s, Kershaw’s Ballast Regulator remains its iconic product, with ...

MONTGOMERY, AL (WSFA) - Progress Rail Services, formerly Kershaw Manufacturing, recognized the 50th work anniversary of long-time employee Willie “Clarence” Headley Sr. Wednesday morning.

Progress Rail, a Caterpillar company, has signed an agreement to acquire Vossloh North America subsidiary Cleveland Track Material (CTM). With facilities located in Cleveland, Ohio; Reading, Pa.; and ...

Progress Rail, formerly Kershaw Manufacturing, has set the hiring event for 9 a.m. to 2 p.m. January 20 to 23 at its Montgomery facility, 10650 US 80 East just off Interstate 85.

Dallas-based private equity firm Paceline Equity Partners has acquired Progress Rail Equipment Leasing Corp. (PRELC) from a subsidiary of Caterpillar CAT. The assets belong to Caterpillar ...

MONTREAL, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Canadian National Railway Company (CN) and Progress Rail, a Caterpillar Company are partnering with Renewable Energy Group (REG) to test high-level ...