Progress Rail Signs MOU with Borusan Cat

September 25, 2024

BERLIN, Germany – Progress Rail and Borusan Cat® have signed a Memorandum of Understanding (MOU) to work together on several upcoming projects supporting the railways in Türkiye and nearby regions.

“We are excited to announce our collaboration with Progress Rail through this Memorandum of Understanding,” stated Borusan Cat CEO Ozgur Gunaydin. “This relationship marks a significant step forward in our commitment to advancing railway transportation in Türkiye and the surrounding regions. By leveraging our combined expertise and innovative solutions, we aim to enhance rail transportation's efficiency, safety and sustainability. As a company, we work to offer the best solutions to its customers, and we look forward to working closely with Progress Rail to deliver outstanding results and contribute to the growth of the rail industry.”

Potential projects include in-country locomotive services and over-haul, engine and control system upgrades, modernizations, and sales and delivery of locomotives, with further collaborations for the region.

“We are excited to work with Borusan, a trusted Cat dealer with impressive vision and capabilities that extend beyond manufacturing, energy, automotive and logistics,” commented Jack Zhang, executive vice president of locomotive at Progress Rail. “The dealer’s intimate understanding of the local market and demonstrated commitment to developing in-region solutions well positions us to expand our rail offerings in Türkiye and the surrounding areas.”

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About Progress Rail

Progress Rail, a wholly owned subsidiary of Caterpillar Inc., is one of the largest integrated and diversified providers of rolling stock and infrastructure solutions and technologies for global rail customers. Progress Rail delivers advanced EMD® locomotives and engines, trackwork, fasteners, signaling, rail welding and maintenance-of-way equipment, along with dedicated locomotive and freight car services, aftermarket parts and recycling operations. The company also offers advanced rail technologies, including data analytics, train automation, operational optimization, connected assets, predictive maintenance, asset protection and movement and yard planning. Progress Rail’s deep industry expertise, together with the support of Caterpillar, ensures a commitment to quality through innovative solutions for the rail industry. Progress Rail has a network of nearly 150 locations across the United States, Canada, Mexico, Brazil, Egypt, Germany, Italy, Saudi Arabi, United Arab Emirates, the United Kingdom, India and Australia. For more information, visit progressrail.com and follow @Progress_Rail on LinkedIn, Facebook, Instagram, X and YouTube.

About Borusan Cat

Borusan Cat, a Türkiye-based company with operations mainly in the Caucasus and Central Asia with the company purpose, "We Create Solutions for a Better World," operates in the construction, resource, energy and transportation industries with 3,000 employees. In addition to Cat products, it also operates as the distributor of FG Wilson, one of the world's leading generator brands. Borusan Cat has more than 10 completed/ongoing patents and trademark registrations.

Media Contact

Progress Rail Corporate Communications

Amy Everett:  aeverett@progressrail.com, +1(256)505-6749