[PRCo] Re: And Speaking of Rejected Cars.....

[Derrick J Brashear]

On Sat, 16 Jun 2001, Fred W. Schneider III wrote:

> I have a problem with the statement that most properties realized early
> on that Westinghouse cars were better.  It sounds like a railfan
> statement.  If they were indeed better, General Electric would have been
> out of the business because that was their dominant work at the time.
> General Electric's rail division remains the largest employer in Erie to
> this day. 

Diesel folks argue this is because GE is the largest financial services
company in the world, and they give favorable financing terms compared to
EMD. Also that they carefully control their parts and hence there's no
rebuild market for GEs, hence you buy a new GE or none, generally. 

I'm surprised, though, that Pittsburgh wasn't all-Westinghouse since it
was local.

-D