capital investment

Cummins Inc. will spend $580 million to upgrade a North Carolina plant to make fuel-agnostic small engines.

Cummins used the occasion of a visit from President Biden to announce more than $1 billion of investment in its plants.

How did Navistar manage to build its assembly plant in San Antonio for a relatively paltry $250 million? Partly by ignoring a famous baseball movie line.

A recent polling of business leaders regarding future plans for capital investment declined sequentially in the third quarter. Capital investments traditionally lead to future freight demand and have been a meaningful contributor to recent economic expansion in the U.S.