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What if General Electric sells off its transportation division?


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#1 BCL

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Posted 14 December 2017 - 02:32 PM

http://www.chicagotr...1113-story.html

 

Just curious how they would handle it.  They would probably need a name change because they didn't adopt a separate name like GM did with EMD.  Also - the transportation division was integrated with power generation, since a diesel-electric locomotive is essentially a generator on wheels.



#2 jis

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Posted 14 December 2017 - 02:59 PM

The Transportation Division of GE (86% of its revenue comes from Locomotives and rail related services) is and has been for quite a while, quite separate from GE Power, which was previously part of GE Energy (which recently got divided three ways into GE Power, GE Gas and Oil, and GE Energy Management). GE. Power is still strategic for GE while the Transportation Division, which accounts for only 4% of GE's revenue, is not.

 

I think the organizational structures for effecting such a spinoff are already in place, and organizationally it should be very easy for them to hive off and sell GE Transportation. I am sure some branding outfit given a few million dollars will find no difficulty in coming up with some nondescript sexy name for it too, should such a need arise.



#3 railiner

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Posted 14 December 2017 - 11:27 PM

Sad to see iconic American industrial giants shriveling away, but that's progress, I guess....wonder if someone like Siemens would buy their rival's locomotive business?  Or some other foreign investor....doubt if any domestic investor would....


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#4 Green Maned Lion

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Posted 15 December 2017 - 05:56 AM

Then GEs locomotive division would change ownership. Also Elvis would come back. God help us.
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#5 jis

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Posted 15 December 2017 - 08:27 AM

Sad to see iconic American industrial giants shriveling away, but that's progress, I guess....wonder if someone like Siemens would buy their rival's locomotive business?  Or some other foreign investor....doubt if any domestic investor would....

I would not consider shedding an unit that has low margin 4% of the total revenue in and of itself shriveling away.

Of course there are other serious issues with GE, which had gotten seriously bloated over the years, that need addressing too.

Siemens itself won’t deal with railroad stuff since it is busy spinning off its rail operations into Siemens-Alstom. This new outfit might pick it up though. But either way, it may be a bumpy ride.


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Edited by jis, 15 December 2017 - 09:39 AM.





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