frequentflyer
Conductor
- Joined
- Jun 10, 2008
- Messages
- 1,183
http://www.getransportation.com/wabtec-and-ge-transportation-merge-creating-global-leader-rail-equipment-services-and-software
The maker of the Amtrak Genesis locomotive is selling the division to Wabtec. Whatever replaces the Genesis, it will not be a GE locomotive.
Will be interesting to watch how Wabtec continues GE dominance in the locomotive arena with the tier 4 motor situation (some freight companies are rebuilding older locomotives than buy new with tier 4 motors). GE locomotives rise to dominance was also based on GE Financial under writing some of the deals.
The maker of the Amtrak Genesis locomotive is selling the division to Wabtec. Whatever replaces the Genesis, it will not be a GE locomotive.
Will be interesting to watch how Wabtec continues GE dominance in the locomotive arena with the tier 4 motor situation (some freight companies are rebuilding older locomotives than buy new with tier 4 motors). GE locomotives rise to dominance was also based on GE Financial under writing some of the deals.
