PRZOOM - /newswire/ -
Erie, PA, United States, 2010/01/07 - GE Transportation announced today it has signed an agreement with Cosan to deliver 50 new AC44i locomotives for freight transport starting in 2010 through Rumo, Cosan’s subsidiary for logistics operations. NYSE: GE
Cosan is the leading grower and processor of sugar cane and one of the largest ethanol and sugar producers in the world. Cosan will use the new locomotives to haul sugar from its processing plants to port on the rail infrastructure provided by its partner America Latina Logistica (ALL).
“GE welcomes Cosan as its most recent customer in South America. This order helps validate GE's investment in market-leading AC heavy-haul, diesel-electric locomotive technology and the performance value it provides,” said Lorenzo Simonelli, President and CEO of GE Transportation.
The Model AC44i locomotives are powered by diesel engines supplied by GE Transportation’s manufacturing plant in Grove City, Pennsylvania, USA. The locomotives feature GE’s unique AC individual-axle traction-control technology that enables the Model AC44i to haul heavier loads by significantly reducing slippage on start-ups, inclines and suboptimal track conditions. Model AC44i locomotives also are equipped with dynamic braking in addition to air brakes to provide smoother handling when hauling heavier loads.
"As we expand our logistics network the proven performance of these GE AC-technology locomotives makes them a perfect fit for our requirements,” said Julio Fontana, President of Rumo. Rumo is Cosan’s subsidiary for logistics operations. "These new locomotives will contribute significantly to increase our hauling capacity and our company’s growth."
“The Model AC44i locomotives will be built by GE Transportation South America, GE Transportation’s affiliate facility located in Contagem, Brazil. They are scheduled for delivery starting in 2010,” said Guilherme Segalla de Mello, President and CEO of GE Transportation Latin America. Mello added, “GE Transportation South America has built diesel electric locomotives including AC44, Dash 9 and the C Series in Brazil since 1967, and has produced more than 1,000 locomotives that are operating in more than 15 countries around the world.”
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Approximately 17,000 GE locomotives are in use in more than 50 countries around the world. GE Transportation’s success story serves as a powerful reminder that free trade and open markets worldwide sustain businesses and employment opportunities in North America and beyond.
About GE Transportation
Established more than 100 years ago, GE Transportation, a unit of General Electric Company (NYSE: GE), is a global technology leader and supplier to the railroad, marine, drilling, and mining and wind power industries. GE Transportation (getransportation.com) provides freight and passenger locomotives, signaling and communications systems, information technology solutions, marine engines, motorized drive systems for mining trucks and drills, high-quality replacement parts and value added services. GE Transportation is headquartered in Erie, Pennsylvania, USA, and employs approximately 10,000 employees worldwide.
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