Electro-Motive Diesel Inc. is scouting for a new facility to assemble locomotives, and the company's McCook headquarters is a contender, people familiar with the matter tell Crain's.
The company, which announced June 1 its acquisition by Caterpillar Inc. of Peoria, would need a U.S. facility to assemble locomotives to qualify under the buy America provision of the federal stimulus program, which is pouring more than $8 billion into rail projects.