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Caterpillar Adds Union Pacific to Customers of Electric Locomotive

Caterpillar Inc. said Union Pacific Corp. will purchase 10 of its electric locomotives, making them the fourth customer for the technology.

The announcement Friday in a call with analysts comes as the company beefs up its clean-power-product offerings amid rising demand for less-polluting machinery to help combat climate change. Caterpillar said in December its Progress Rail company entered into a memorandum of understanding with BNSF and Chevron to advance the demonstration of a locomotive powered by hydrogen fuel cells.