There’s a lot going on in this merger and a thorough reading of the press announcement and the slide presentation is necessary to understand how it will affect GE Transportation going forward. More to the point, how will it affect the GE Transportation plant in Erie, PA? The new combined company will have a much stronger foothold in both the freight and transit sectors of the market and each company will have access to new customers brought in by the other.
We’ll be hearing much more in the coming days. Please review the slide presentation for a better understanding of the rationale of the merger: