September 18, 2018
Albertville, Ala. UNITED STATES and Cairo, EGYPT – Progress Rail, a wholly owned subsidiary of Caterpillar Inc., has signed a Memorandum of Understanding (MOU) with Egyptian National Railways (ENR). The MOU includes new locomotives, as well as terms to modernize, overhaul and maintain a portion of ENR’s existing locomotive fleet, with a long-term service agreement.
ENR is the largest transportation network in the region for the movement of passengers and goods. In Egypt alone, ENR experiences an annual volume of approximately 500 million railway passengers, or 1.4 million people per day, and manages the transport of 6 million tons of goods annually.
As a leading global supplier with a superior performance record in the Middle East, Progress Rail builds diesel-electric locomotives designed to operate in extreme conditions with continuous, in-country support. Progress Rail has served the Egyptian market for many years through its EMD product brand, dating back to the early 1950s. The company has powered or supplied the overwhelming majority of ENR’s current operational fleet – with more than 1,100 locomotives delivered over 60-plus years and the company plans to deepen that legacy through today’s announcement.
“We value the strong, collaborative relationship we have with ENR, and look forward to putting a plan in place to modernize their locomotive fleet with highly advanced locomotive electronics, quality components and state-of-the-art technologies. These innovations will work in tandem to take their existing fleet to the next level through optimized performance,” said Progress Rail President and Chief Executive Officer William (Billy) Ainsworth.
About Progress Rail:
Progress Rail, a Caterpillar company, 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, railcars, trackwork, fasteners, signaling, rail welding and Kershaw Maintenance-of-Way equipment, along with dedicated locomotive and freight car repair services, aftermarket parts support and recycling operations. The company also offers advanced rail technologies, including data acquisition and asset protection equipment. 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 200 locations across the United States, Canada, Mexico, Brazil, Germany, Italy, Australia, China, India, South Africa, the United Arab Emirates and the United Kingdom. For more information, visit progressrail.com and follow @Progress_Rail on Twitter, YouTube, LinkedIn and Facebook.
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