30.1.08

KEEPING 'EM ROLLING. Photon Courier notes that Erie, Pennsylvania, is running a current-account surplus.
Of the 900 locomotives to be produced this year at the GE plant there, 200 are destined for China. Other substantial export orders this years are for Brazil and Kazakhstan.
A cited article suggests the arsenal of democracy is not yet dead.
"We are now capable of building a locomotive in 22 days, when in 2005 it took 31 days, and we want to bring this down further to no more than 10 days in a few years' time," says Mr Wyman.
The world's highest-altitude diesels are from GE, and there's a stable of rebuilt Dash-Sevens on Estonian metals.

If memory serves, the Jack Welch strategic plan was to hive off any division in which GE could not lead or be No. 2.
During late 1990s, though, it must have been awfully tempting to GE top management to ditch this business, which appeared old-hat in an era when everyone was obsessing about "high technology."
Old-hat it might have been, but that's precisely the era when GE passed Electro-Motive in the North American business, although Electro-Motive rules Britannia's rails.

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