Monthly Archives: August 2010

GE, Intel form health-care joint venture

General Electric Co. and Intel Corp. announced plans to create a health-care joint venture focused on chronic disease and age-related conditions. The corporate giants entered into a health-care alliance in April ... Read More

Caterpillar unit acquires locomotive maker

Caterpillar said its rail-services unit completed the acquisition of locomotive maker Electro-Motive Diesel for $820 million plus a post-closing adjustment estimated at $108 million, The Associated Press reported. Electro-Motive Diesel, or ... Read More

Ameren forms separate transmission business

Ameren Corp. said Monday it created a new subsidiary dedicated to electric transmission infrastructure investment and identified $3 billion in potential projects. The new company, Ameren Transmission Co. (ATX), will build ... Read More