Who Builds GE Locomotives?
Wabtec - All Aboard: GE Merges Its Storied Locomotive Business With Wabtec In A Deal Valued At Approximately $11.1 Billion | GE News.
Where are GE locomotives manufactured?
It is headquartered in Pittsburgh, Pennsylvania while its main manufacturing facility is located in Erie, Pennsylvania. Locomotives are assembled at the Erie plant, while engine manufacturing takes place in Grove City, Pennsylvania.
GE Transportation - Wikipedia
Who bought GE locomotives?
Wabtec Corp., based near Pittsburgh in Wilmerding, Pa., will pay GE a $2.9 billion upfront payment and Wabtec shareholders will own about 49.9% of the combined company, when the deal closes in early 2019, the companies said Monday. GE shareholders will own about 40.2% and GE will own 9.9% of the merged company.
GE Transportation, Wabtec Corp. merge in $11 billion deal - USA Today
GE and Caterpillar mainly produce freight locomotives, which sell for $2 million and up, but they are eager to expand in the passenger market, competing with such suppliers as Germany's Siemens AG SIEGY 1.30% and Bombardier. Union Pacific Corp.
GE, Caterpillar Face Off in Hot Locomotive Market - WSJ
Who is the largest manufacturer of locomotives in the world?
General Electric Co. is the world's largest builder of diesel-electric locomotives. Its products are used by numerous railroads to haul freight and passengers.
General Electric Leads the Way in Locomotive Manufacturing