jis
Permanent Way Inspector
Staff member
Administator
Moderator
AU Supporting Member
Gathering Team Member
GE is divesting its Transportation unit, which is responsible for all of GE's rail related products and merging it with Wabtec to form an $8 billion per year revenue company, which will be a Forture 500 company GE will retain 51% ownership of the new Wabtec.
http://www.getransportation.com/wabtec-and-ge-transportation-merge-creating-global-leader-rail-equipment-services-and-software
http://www.getransportation.com/wabtec-and-ge-transportation-merge-creating-global-leader-rail-equipment-services-and-software