Electro-Motive will boost equipment line, Caterpillar CEO says

06/10/2010 | Wall Street Journal, The

Caterpillar's acquisition of Electro-Motive Diesel will complement the company's development of construction and mining equipment, said Chairman and CEO Jim Owens. Electro-Motive is a railroad-locomotive manufacturer, but Owens sees its technology applicable in other areas, such as electric-drive bulldozers and electric mining trucks.

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Wall Street Journal, The