1 definition by Conrail8098
Electro-Motive Diesel, Inc., also referred to as "EMD", is owned by Caterpillar through its wholly owned subsidiary Progress Rail Services Corporation. The company designs, manufactures and sells diesel-electric locomotives and diesel power engines under the Electro-Motive Diesel brand.2 EMD offers an extensive range of locomotive products in the rail industry.3
Electro-Motive Diesel, Inc. traces its roots to the Electro-Motive Engineering Corporation, founded in 1922. In 1930, General Motors Corporation purchased the Winton Engine Co. and Winton's primary customer of gasoline engines, the Electro-Motive Company (a manufacturer of gasoline-electric self-propelled rail cars), combining the two to form GM's Electro-Motive Division (EMD) on January 1, 1941.
In 2005, GM sold EMD to Greenbriar Equity Group LLC and Berkshire Partners LLC, which formed Electro-Motive Diesel, Inc., to facilitate the purchase. On August 2, 2010, Progress Rail Services Corporation completed the purchase of Electro-Motive Diesel, Inc. from Greenbriar, Berkshire, et al. making Electro-Motive Diesel, Inc. a wholly owned subsidiary of Progress Rail Services Corporation (itself a subsidiary of Caterpillar Inc).
Electro-Motive Diesel, Inc. traces its roots to the Electro-Motive Engineering Corporation, founded in 1922. In 1930, General Motors Corporation purchased the Winton Engine Co. and Winton's primary customer of gasoline engines, the Electro-Motive Company (a manufacturer of gasoline-electric self-propelled rail cars), combining the two to form GM's Electro-Motive Division (EMD) on January 1, 1941.
In 2005, GM sold EMD to Greenbriar Equity Group LLC and Berkshire Partners LLC, which formed Electro-Motive Diesel, Inc., to facilitate the purchase. On August 2, 2010, Progress Rail Services Corporation completed the purchase of Electro-Motive Diesel, Inc. from Greenbriar, Berkshire, et al. making Electro-Motive Diesel, Inc. a wholly owned subsidiary of Progress Rail Services Corporation (itself a subsidiary of Caterpillar Inc).
You and your railfan buddies get into EMD vs. GE arguments the way rednecks get into Ford vs. Chevy brawls. EMD VS GE VS ALCO
by Conrail8098 October 14, 2015