GE Transportation

History

GE produced its first locomotive in 1912, and continued to produce switcher locomotives through the 1920s and 30s, while also producing electrical equipment for diesel engines from other manufacturers. Heavy involvement in main-line rail transportation began with a partnership with ALCo in 1940. ALCo had been the second-largest producer of steam locomotives, and was moving into diesel traction, but needed help to compete with the newly-emergent GM Electro-Motive Division. In the partnership, ALCo built the locomotive bodies and prime movers, while GE supplied the electrical gear as well as marketing and servicing infrastructure.

At first, the partnership was reasonably successful, producing the popular RS-1 road switcher, but by 1950 Alco-GE was struggling to keep up with EMD. In 1953, GE dissolved their partnership with ALCo and took over the gas turbine–electric venture that had started series production the previous year. In 1956 GE launched the Universal Series, which succeeded in establishing them as the main competitor to EMD. The subsequent Dash 7 Series failed to build market share, however the Dash 8 Series did better and by the end of the 1990s the Dash 9 Series established a market lead which the Evolution Series extended.

In the spring of 2007, GE Transportation Systems rolled out a prototype hybrid diesel–electric locomotive to increase fuel efficiency and reduce emissions. In September 2010, GE Transportation announced plans to commercialise a hybrid design by 2014–15.

On July 27, 2017, GE Transportation announced that all production of locomotives would move from Erie, Pennsylvania, to Fort Worth, Texas, by the end of 2018. However, following the merger with Wabtec, the Erie plant remained open as operations from the former MotivePower plant in Boise, Idaho, were consolidated at Erie.

Rail products

GE Transportation is the largest producer of diesel–electric locomotives for both freight and passenger applications in North America, believed to hold up to a 70% market share of that market. The only other significant competitor is Caterpillar-owned Electro-Motive Diesel, holding an approximate 30% market share.

GE Transportation also produces related products, such as railroad signaling equipment, and parts for locomotives and railroad cars, as well as providing repair services for GE and other locomotives. Current locomotives in major production include the GE Evolution Series; for a complete listing, see the list of GE locomotives.

History

GE produced its first locomotive in 1912, and continued to produce switcher locomotives through the 1920s and 30s, while also producing electrical equipment for diesel engines from other manufacturers. Heavy involvement in main-line rail transportation began with a partnership with ALCo in 1940. ALCo had been the second-largest producer of steam locomotives, and was moving into diesel traction, but needed help to compete with the newly-emergent GM Electro-Motive Division. In the partnership, ALCo built the locomotive bodies and prime movers, while GE supplied the electrical gear as well as marketing and servicing infrastructure.

At first, the partnership was reasonably successful, producing the popular RS-1 road switcher, but by 1950 Alco-GE was struggling to keep up with EMD. In 1953, GE dissolved their partnership with ALCo and took over the gas turbine–electric venture that had started series production the previous year. In 1956 GE launched the Universal Series, which succeeded in establishing them as the main competitor to EMD. The subsequent Dash 7 Series failed to build market share, however the Dash 8 Series did better and by the end of the 1990s the Dash 9 Series established a market lead which the Evolution Series extended.

In November 2015, French multinational Alstom, which now specialises in rail, acquired GE Transportation's Signaling & Train Control division.

On November 12, 2017, GE announced they would sell or spinoff the Transportation Division.

In addition to the railroad industry, GE Transportation, also serves the following industries: Marine, Mining, Stationary Power, Drilling, and Drivetrain Technologies (wind gear boxes).

On May 21, 2018, GE and Wabtec announced that GE Transportation, valued at $11.1 billion, would be divested from GE and subsequently merged with Wabtec in a Reverse Morris Trust transaction by early 2019. Upon completion on February 25, 2019, the merged company was 50.8% owned by Wabtec shareholders, with GE shareholders owning 24.3% and GE itself owning 24.9%; GE also received $2.9 billion in cash.