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Progress Rail Services
Progress Rail Services Corporation , a fully owned subsidiary of Caterpillar since 2006, is a supplier of railroad and transit system products and services headquartered in Albertville, Alabama. Founded as a recycling company in 1982, Progress Rail has increased the number of its product and service offerings over time to become one of the largest integrated and diversified suppliers of railroad and transit system products and services in North America. Progress Rail markets products and services worldwide and maintains 110 facilities in the United States, 34 in Mexico, 4 in Canada, 2 in Brazil, 5 in UK, 1 in Italy, and 1 in Germany. Progress Rail is organized into two divisions: Infrastructure and Rolling Stock. History "Progress Rail" traces its roots to a recycling company founded in Albertville, Alabama, United States in 1982. With the merger of Progress Rail's owner Florida Progress Corporation and Carolina Power & Light Company in 2000, it became owned by the new entity ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ...
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One Equity Partners
One Equity Partners is a private equity firm with over $10 billion in assets under management which primarily deals with the industrial, healthcare and technology sectors in North America and Europe. One Equity Partners was the merchant banking arm of JPMorgan Chase, focused on leveraged buyout and growth capital investments in middle-market companies. Formed by Bank One in 2001, the group has offices in New York City, Chicago, Sao Paulo, Vienna, Hong Kong and Frankfurt. In 2014, it was announced that J.P Morgan was to sell off half of its stake in One Equity Partners. Investments In 2006, One Equity, together with Blackstone Group, The Blackstone Group and Technology Crossover Ventures, acquired Travelport from Cendant in a $4.3 billion buyout. The company owns Worldspan and Galileo CRS, Galileo as well as approximately 48% of Orbitz, Orbitz Worldwide. The sale of Travelport followed the spin-offs of Cendant's real estate and hospitality businesses, Realogy Corporation and ...
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Progress Rail PR43C
The Progress Rail PR43C was a C-C genset diesel-electric locomotive built by Progress Rail Services Corporation. It was the result of a conversion of existing EMD SD50 locomotives. This involved replacing the original EMD 645 prime mover with a pair of Caterpillar engines, a 12 cylinder C175 engine and a C18 engine. The locomotive was jointly designed by Progress Rail and Norfolk Southern Railway. Development began in 2008. Three locomotives were built; they were manufactured at Progress Rail's Mayfield, Kentucky factory. Two operated in revenue freight service on Norfolk Southern, while a third operated as a demonstrator unit for Progress Rail. At one time Norfolk Southern had four more PR43Cs on order. The locomotives operated by Norfolk Southern worked on freight trains in central Illinois, leading to speculation that they were being tested, as Caterpillar's headquarters are located in Peoria, Illinois. The process of converting an SD50 to a PR43C altered the external ...
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Progress Rail PR30C
The Progress Rail PR30C is a C-C diesel-electric locomotive rebuilt by Progress Rail. It is the result of a conversion to an existing EMD SD40-2-type locomotive. This involves replacing the existing prime mover with an EPA Tier-II-compliant turbocharged V16 Caterpillar 3516. The prime mover is equipped with an additional exhaust treatment system, in a large box mounted at hood top level, in front of the radiator section. At least six SD40-2s are scheduled for this rebuild, of which five have been completed and entered revenue freight service as of July 2010. The first units were introduced into service by Union Pacific in California in January 2010. They have been assigned to mainline freight operations in the southern part of the state between Long Beach and West Colton. An additional PR30C operates as a demonstrator for Progress Rail. This conversion alters the external appearance of the locomotive; in addition to the addition of the large exhaust treatment box, the rad ...
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TasRail TR Class
The TR class are a class of diesel locomotives built by Progress Rail, Patterson, Georgia for TasRail in 2013–2014. They are currently the main Tasmanian locomotive class handling the majority of mainline services across the state. History In December 2011, TasRail awarded Progress Rail a contract for 17 PR22L locomotives. They were the first new locomotives delivered to Tasmania since the Za class in 1976. The first TR class were delivered in November 2013 with the balance delivered in 2014.TR class locomotives ''Tasmanian Rail News The Australian Railway Historical Society (ARHS) aims to foster an interest in the railways, and record and preserve many facets of railway operations. It had divisions in every state and the Australian Capital Territory, although the ACT divis ...'' issue 253 December 2013 page 10 References Co-Co locomotives Diesel locomotives of Tasmania Railway locomotives introduced in 2013 3 ft 6 in gauge locomotives of Australia {{Oc ...
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General Electric
General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energy, digital industry, additive manufacturing and venture capital and finance, but has since divested from several areas, now primarily consisting of the first four segments. In 2020, GE ranked among the Fortune 500 as the 33rd largest firm in the United States by gross revenue. In 2011, GE ranked among the Fortune 20 as the 14th most profitable company, but later very severely underperformed the market (by about 75%) as its profitability collapsed. Two employees of GE – Irving Langmuir (1932) and Ivar Giaever (1973) – have been awarded the Nobel Prize. On November 9, 2021, the company announced it would divide itself into three investment-grade public companies. On July 18, 2022, GE unveiled the brand names of the companies it ...
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C&S Signaling
C&S may refer to: *Citizens & Southern National Bank *C&S Wholesale Grocers *Colorado and Southern Railway *Charleston and Savannah Railway *Chopped and screwed, a musical technique * Chivalry & Sorcery role playing game *Chase & Status Chase & Status are an English electronic music duo composed of Saul Milton (Chase) and Will Kennard (Status). In addition, Andy Gangadeen is the drummer when the band performs live. MC Rage formerly performed as MC with the group, but left in J ... a drum & bass producer duo * Culture and sensitivity {{disambiguation ...
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Coast To Coast Signal Engineering
The coast, also known as the coastline or seashore, is defined as the area where land meets the ocean, or as a line that forms the boundary between the land and the coastline. The Earth has around of coastline. Coasts are important zones in natural ecosystems, often home to a wide range of biodiversity. On land, they harbor important ecosystems such as freshwater or estuarine wetlands, which are important for bird populations and other terrestrial animals. In wave-protected areas they harbor saltmarshes, mangroves or seagrasses, all of which can provide nursery habitat for finfish, shellfish, and other aquatic species. Rocky shores are usually found along exposed coasts and provide habitat for a wide range of sessile animals (e.g. mussels, starfish, barnacles) and various kinds of seaweeds. Along tropical coasts with clear, nutrient-poor water, coral reefs can often be found between depths of . According to a United Nations atlas, 44% of all people live within 5 km (3.3mi) ...
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United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ...
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South American
South America is a continent entirely in the Western Hemisphere and mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere at the northern tip of the continent. It can also be described as the southern subregion of a single continent called America. South America is bordered on the west by the Pacific Ocean and on the north and east by the Atlantic Ocean; North America and the Caribbean Sea lie to the northwest. The continent generally includes twelve sovereign states: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Guyana, Paraguay, Peru, Suriname, Uruguay, and Venezuela; two dependent territories: the Falkland Islands and South Georgia and the South Sandwich Islands; and one internal territory: French Guiana. In addition, the ABC islands of the Kingdom of the Netherlands, Ascension Island (dependency of Saint Helena, Ascension and Tristan da Cunha, a British Overseas Territory), Bouvet Island ( dependency of Norway), Panama, ...
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São Paulo
São Paulo (, ; Portuguese for ' Saint Paul') is the most populous city in Brazil, and is the capital of the state of São Paulo, the most populous and wealthiest Brazilian state, located in the country's Southeast Region. Listed by the GaWC as an alpha global city, São Paulo is the most populous city proper in the Americas, the Western Hemisphere and the Southern Hemisphere, as well as the world's 4th largest city proper by population. Additionally, São Paulo is the largest Portuguese-speaking city in the world. It exerts strong international influences in commerce, finance, arts and entertainment. The city's name honors the Apostle, Saint Paul of Tarsus. The city's metropolitan area, the Greater São Paulo, ranks as the most populous in Brazil and the 12th most populous on Earth. The process of conurbation between the metropolitan areas around the Greater São Paulo ( Campinas, Santos, Jundiaí, Sorocaba and São José dos Campos) created the São Paulo M ...
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