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William (Billy) Ainsworth is president and CEO of Progress Rail Services, a position he's held since 1993. Caterpillar Inc. acquired Progress Rail Services in June of 2006. Progress Rail Services is a leading railroad industry services provider with locations in the U.S., Canada and Mexico and is one of the largest integrated recycling processors of railroad materials in North America.
Ainsworth joined Caterpillar in 2006 when Caterpillar Inc. acquired Progress Rail Services. He started his career with a national scrap metal brokerage firm before opening the Birmingham office of Amex Steel in 1981. As Vice President of Trading, he was responsible for all trading in the U.S., as well as for acquiring material for export to Mexico.
In 1983, Ainsworth founded Steel Processing Services, serving as its President and CEO. In 1993, Progress Rail Services Corporation purchased the operations of Steel Processing Services, along with two affiliated companies, and retained Ainsworth as President and CEO.
Ainsworth graduated from Auburn University in 1978 with a B.S. degree in Marketing. | 