A year ago, I wrote an article about General Electric Co.’s long history of producing locomotives. Since then, a lot sure has changed.
Once-proud GE is in a tailspin these days and is eager to sell or spin off some of its vast holdings. Many Wall Street analysts believe the GE Transportation unit will be the first to go.
The company also recently announced that it would cease production at its legendary manufacturing complex in Erie, PA. However, that move was not a complete shock. The factory’s demise has been rumored for several years—especially ever since GE Transportation opened a new state-of-the-art facility in Fort Worth, TX, in 2013.
And, to keep up with global demand, GE has invested in factories in Brazil and India. For instance, the company just unveiled a moving assembly line at its locomotive plant in Contagem, Brazil.
“Unlike traditional stationary production lines, the mixed-model…
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