Re: (erielack) EL GEs vs EMD/ALCOs

["Paul Brezicki" <doctorpb_@_bellsouth.net>]

Yes Steve, that's the most graphic indication of how badly EMD stumbled: the 
only reason it survived was the need to maintain competition in the new loco 
marketplace.

Paul B

At one point in the late 1990s I recall that EMD had but one order for
locomotives on its books at London, Ontario, and the industry quietly 
noticed.  CIT
bought 1000 SD70Ms for a lease fleet, and soon followed orders  from some 
big
roads.  As it did the '60s when it realized that there  needs to be more 
than
one builder, the industry began buying EMDs.  There  needs to be two 
builders
to keep a competitive check on prices, so you'll EMD  and GE in the
locomotive business until some other builder gets big enough to  compete.

Mike Del Vecchio 


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