• M/W

Progress Rail to Acquire Cleveland Track Material

Written by William C. Vantuono, Editor-in-Chief

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 Memphis, Tenn.; CTM has served as a supplier of specialty trackwork to North American Class I and transit railroads since 1983.

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