Caterpillar launches 1st hybrid bulldozer

The diesel-electric hybrid is expected to cost about $600,000, with production set to begin in October.

GE to build manufacturing research center in Michigan

The Advanced Manufacturing and Software Technology Center will develop technologies for renewable energy, aircraft engines, gas turbines and other products.

Europe truck sales fall 39% in May

European sales of trucks, vans and buses fell 39 percent in May from a year ago, car makers' association ACEA said last week, the 13th month that sales have dropped during the economic downturn.

Deere: 800 workers have agreed to leave

Deere & Co. said Tuesday about 800 salaried workers have decided to leave the world's largest farm machinery maker under a voluntary separation program.

Paccar delays plant opening one year

Paccar Inc., citing adverse economic conditions and a decrease in demand, has pushed back to late 2010 the expected opening date of its diesel engine plant near Columbus.