Caterpillar goes to Brazil!

Caterpillar Inc., the world’s largest maker of earthmoving machines, agreed to acquire MGE Equipamentos & Servicos Ferroviarios Ltda., a Brazilian manufacturer of components for trains. Financial terms weren’t disclosed.
MGE also maintains and rebuilds locomotives and transit cars and its customers include railroads and transportation authorities throughout South America, Peoria-based Caterpillar said in a statement today.
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