Rochester, New York 12/19/2009 10:35:00 AM
News / Business

General Electric (NYSE: GE) to Supply 100 Locomotives to Transnet

A unit of conglomerate General Electric Co. (NYSE: GE) will supply 100 locomotives to Transnet Freight Rail, South Africa's state-owned rail freight logistics utility, according to Associated Press.

 

GE South African Technologies, GE Transportation's entity in South Africa, signed a contract with Transnet Limited, TFR's parent.

 

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The locomotives will be used to haul freight and coal, GE said Friday.

 

The first locomotives and kits are scheduled to be delivered in early 2011.

 

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