GE Transportation celebrates locomotive to China
GE Transportation is celebrating the shipment of the first of 300 locomotives it has built for the Chinese government.
The Erie-based manufacturer, which is part of giant General Electric Co., says the locomotive has been loaded onto a ship to the Port of Philadelphia. The Chinese placed the $450 million order in 2005.
The locomotive is one of two that will be shipped wholly assembled. The rest of the locomotives will be shipped as kits and assembled with the Chinese supplying parts and labor to assemble them.
The locomotives are more than 6,000 horsepower and designed to reduce fuel costs and emissions.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.