Avax135.350 net.railroad utzoo!decvax!harpo!npois!houxi!houxg!lime!vax135!rct Sun May 9 17:27:36 1982 Re: EMD going out of business Want the inside scoop? Well, I have worked the last two summers at EMD and have a few friends there as a result. The truth is that the plant has a capacity of four locomotives a day and is currently making one or less. In fact, their main source of revenue right now are spare parts for existing locomotives. Also, they are getting KILLED in the business because their fuel economy is terrible with respect to GE. I will hold my tongue on other problems EMD may or may not have.... By the way, I talked to a friend on the GM General Staff, he says that they would be crazy to close down EMD because it is currently (e.g. last 6 months) the only profitable division in GM. Finally, people having been talking about EMD closing down for the last two years at least. Rich Tong vax135!rct ----------------------------------------------------------------- gopher://quux.org/ conversion by John Goerzen of http://communication.ucsd.edu/A-News/ This Usenet Oldnews Archive article may be copied and distributed freely, provided: 1. There is no money collected for the text(s) of the articles. 2. The following notice remains appended to each copy: The Usenet Oldnews Archive: Compilation Copyright (C) 1981, 1996 Bruce Jones, Henry Spencer, David Wiseman.