Electro-Motive Diesel
Electro-Motive Diesel (abbreviated EMD) is a brand of diesel-electric locomotives, locomotive products and diesel engines for the rail industry. Formerly a division of General Motors, EMD is now owned by Progress Rail, a subsidiary of Caterpillar Inc. Electro-Motive Diesel traces its roots to the Electro-Motive Engineering Corporation, founded in 1922 and purchased by General Motors in 1930. After purchase by GM, the company was known as GM's Electro-Motive Division. In 2005, GM sold EMD to Greenbriar Equity Group and Berkshire Partners, and in 2010, EMD was sold to Progress Rail. Upon the 2005 sale, the company was renamed to Electro-Motive Diesel.
Formerly |
|
---|---|
Company type | Private (1922–30) Subsidiary/brand (1930–present) |
Industry | Transport |
Founded | August 31, 1922 (Cleveland, Ohio, United States) |
Founder |
|
Headquarters | , |
Products | Locomotives |
Number of employees | 3,260 (2008) |
Parent |
|
EMD's headquarters, engineering facilities and parts manufacturing operations are based in McCook, Illinois, while its final locomotive assembly line is located in Muncie, Indiana. EMD also operates a traction motor maintenance, rebuild, and overhaul facility in San Luis Potosí, Mexico.
As of 2008, EMD employed approximately 3,260 people, and in 2010 it held approximately 30 percent of the market for diesel-electric locomotives in North America. The only other significant competitor is Wabtec-owned GE Transportation, holding an approximate 70% market share of the North American market.