Progress Rail acquires C&S Signaling
Written by jrood
Progress Rail Services, a wholly-owned subsidiary of Caterpillar Inc., has announced its acquisition of C&S Signaling LLC, a signaling business serving the railroad industry, based in Crestwood, Kentucky. The acquisition strengthens Progress Rail's position in grade-crossing warning system design, material management and signal installation and maintenance. Details of the transaction were not disclosed.
Established in 2002, C&S Signaling
specializes in grade-crossing warning systems, including design services,
material procurement and handling, project management, installation,
maintenance and FRA inspections. With the addition of C&S, Progress Rail
will expand its shortline customer base, complementing Progress Rail’s existing
Signal Division and allowing additional service coverage for the Southeastern
region of the United States.
"Progress Rail has made significant
strides in recent years to expand the products and services offered through our
Signal Division," said Dave Roeder, senior vice president of Engineering and
Track Services at Progress Rail. "We are proud to build upon our strong
supplier and service base even further with the addition of C&S Signaling,
which has a proven customer following."
As an added benefit to Progress Rail’s
sustainable business operations, C&S has the ability to supply new, used or
reconditioned components of its complete crossing warning system or provide the
system in its entirety, depending on customer needs.
"C&S Signaling takes pride in
providing high-quality, reliable railroad signaling services and looks forward
to being part of the Progress Rail Services team," said former co-owners Garry
Caudill and Roy Smith, who will remain at the Kentucky location as National
Sales Manager and General Manager, respectively.
The company will operate under Progress
Rail’s Signal Division, part of the Engineering and Track Services group. The
Signal Division currently includes facilities dedicated to signal
manufacturing, installation and maintenance, engineering and software
programming and Progress Rail’s Inspection and Information Systems group.
C&S’ headquarters will remain in
Crestwood, Kentucky.
