Progress Rail Acquires Haynes Corporation

Expanding Product and Service Offerings with New Fuel Saving Solutions

October 5, 2015—Progress Rail Services Corporation, a Caterpillar company, has acquired Haynes Corporation, a manufacturer of precision diesel fuel injection systems for heavy duty engines.

Progress Rail President and Chief Executive Officer Billy Ainsworth said, “We are pleased to have Haynes join the Progress Rail family. This acquisition is a good strategic fit to expand our offering of locomotive OEM service parts, as Haynes Corporation focuses on high quality, innovative solutions that help meet and exceed EPA expectations for emissions while generating fuel savings.”

Haynes Corporation products include fuel injection pumps, injector assemblies, nozzle assemblies, delivery valves, plungers and barrels, electronic injectors and contract manufacturing.

“We offer a wide range of new replacement OEM parts for locomotive, marine and power generation products,” added Progress Rail Senior Vice President Marc Buncher. “Through this acquisition, Progress Rail shows our commitment to providing innovative solutions to the rail and power products markets.”

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About Progress Rail Services Corporation and Electro-Motive Diesel, Inc.:

Progress Rail Services Corporation, a wholly owned subsidiary of Caterpillar Inc., is a total solutions provider of locomotive, railcar, engineering and track products and services for the global railroad industry. Since the acquisition of Electro-Motive Diesel, Inc., (EMD) Progress Rail and EMD work as one team to design, manufacture and sell locomotives, engines and aftermarket parts for customers around the world.

With headquarters in Albertville, Ala., more than 8,000 employees serve customers through a network of 200 worldwide locations.

For more information, visit www.progressrail.com and follow @Progress_Rail on Twitter and YouTube.

 

Media Contact:

Barbara Jansen
Office: 256.505.5054
bjansen@progressrail.com 

 

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