General Electric announces 225 orders for refurbished locomotives

GE also said in a statement that it will deliver 80 modernized locomotives previously ordered by Canadian Pacific railway Co and 100 to Norfolk Southern Corp in 2018. General Electric Chief Executive Officer John Flannery said in November that GE would exit at least $20 billion in operations to improve its financial performance. GE will make varying upgrades to aging locomotives - some more than 20 years old - such as improvements to control systems or electrical circuitry.