General Electric

CSX Earns Spot on Forbes ‘Green Growth’ List

CSX has been named to the inaugural Forbes Green Growth 50 list of companies that are reducing greenhouse gas (GHG) emissions while growing profits; also, the Class I railroad will soon serve electric vehicle manufacturer Rivian Automotive Inc. in Atlanta, Ga.

GE Transportation “moving” in Brazil

GE Transportation’s Contagem, Brazil, locomotive assembly plant is operating with a mixed-model moving assembly line, which GE calls “a new approach to manufacturing locomotives.”

Commentary

It’s official: GE booting Transportation. (Meanwhile, the stock swoons)

Monday the 13th at General Electric: The 125-year-old corporation, among the world’s oldest, announced a massive, aggressive downsizing and restructuring, a reduced dividend, and an in-the-works divestiture of its storied Transportation division, one of the world’s largest, most successful builders of railway locomotives.

Santana to lead GE Transportation

General Electric announced that Rafael Santana, president and Chief Executive of GE Latin America, has been named president and CEO of GE Transportation, effective November 1.

GE leads group in Nigeria rail bid

A consortium led by General Electric and including Transnet, South Africa, has been named preferred bidder by the government of Nigeria government for a concession to rehabilitate, finance and operate Nigerian Railways’ 2178-mile network.

GE plants women STEM seeds

GE on Feb. 13 announced goals of having 20,000 women fill STEM (Science, Technology, Engineering and Math) roles by 2020 and obtaining 50:50 representation in all the company’s technical entry-level programs.