| Type | Subsidiary |
|---|---|
| Key people | Rafael Santana (President and CEO) |
| Products | Evolution Series Locomotive Dash Deries Locomotive L250 Marine Engine 360 AC Drive Systems 752 DC Drilling Motor Wind Turbine Drive Systems V228 Series engine Durathon UPS |
| Revenue | US$5.88 Billion (2013) |
| Parent | Wabtec Corporation |
People also ask, who bought GE locomotive business?
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.
Subsequently, question is, does GE own wabtec? Next Stop, Wabtec: GE Completes Spin-Off And Merger Of Its Transportation Unit. GE shareholders own about 24.3 percent of Wabtec on a fully diluted basis. The combined company, which is expected to have revenues of more than $8 billion in 2019, has approximately 27,000 employees in 50 countries.
Beside above, who owns GE locomotive?
G.E.'s railway business will be combined with the Wabtec Corporation, formerly known as the Westinghouse Air Brake Technologies Corporation. Wabtec, based in Wilmerding, Pa., makes equipment for mass-transit and freight railways. Wabtec had revenue last year of $3.9 billion.
What companies make locomotives?
Active companies
- Brookville Equipment Corporation.
- CLCX, LLC (PROCESS LOCOMOTIVES)
- Colmar.
- Electro-Motive Diesel.
- GE Transportation.
- Harsco Corporation.
- Katiland Trains.
- Kloke Locomotive Works.
