General Electric Co. plans to end most locomotive manufacturing at a century-old Pennsylvania factory as the company looks to cut costs amid a sharp downturn in the domestic rail market. As many as ...
The story of century-old GE Transportation has included some dramatic plot twists in recent years. In the past five years alone, the company built its first North American locomotive plant outside of ...
General Electric Co.GE-3.74%decrease; red down pointing triangle is looking to exit from the railroad business, one of its oldest, as new Chief Executive John Flannery seeks to streamline the ...
General Electric just spun off its century-old railroad division to Wabtec. Factory workers immediately went on strike to protest the new owner’s push for mandatory overtime and pay cuts for new hires ...
General Electric Co. is studying an exit from its locomotive business, one of the 125-year-old company’s oldest operations, the Wall Street Journal reported. The Boston-based company is studying ...
General Electric Co said on Sunday its GE Transportation unit will invest about $200 million in a Fort Worth, Texas, locomotive plant and to upgrade its operations in Erie, Pennsylvania. Sept. 18, ...
GE Transportation has been battered by a drop of about 10% in the last couple years in North American freight railcar loads. Thousands of locomotives are sitting unused amid dwindling coal production ...