Who will own GE Transportation next year?

I hope it will be a American company.  We don't want them Chinese building the real 1:1 trains too!   

John Pignatelli JR. posted:

I hope it will be a American company.  We don't want them Chinese building the real 1:1 trains too!   

Why ? Jeffrey Immelt  transferred all of GE's intellectual property to them several years ago.  The Globalist in both parties have assured us all how great the New World Order is going to be.  Geez I can hardly wait !  John,  how can you doubt them before you actually catch them lying.   Lets all say a prayer for Wabtec.                   j

Railroad locomotive manufacturing is a strategic industry.  Same as fixed wing and helicopter manufacturing.  Control must be kept in the US.  Of course many of our steel mills are owned by a foreign entity.  John in Lansing, ILL

WABTEC is a descendent of Westinghouse Air Brake.    So in that sense it is a cool merger.    I don't know who "owns" wabtec now however.    Another factoid, when PRR stopped using steam power, they donated an I1 2-10-0 to WAB and it was displayed in front of the plant for years.     I think it has since been moved and donated someplace else.

Wabtec is publicly traded - saw Jim Kramer recommending it a few years ago.