Electro-Motive Diesel, Inc., also referred to as "
EMD", is a wholly owned subsidiary of
Progress Rail Services Corporation, a wholly owned subsidiary of
Caterpillar Inc., that designs, manufactures and sells
diesel-electric locomotives and
diesel power
engines worldwide under the Electro-Motive Diesel
brand. EMD holds approximately 30 percent of the market for diesel-electric locomotives in North America, second to its only competitor,
GE Transportation Systems, which holds the remaining 70 percent share of the North American market.
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, Electro-Motive Company, eventually combining the two to form GM's Electro-Motive division in 1941. In 2005, GM sold the division to Greenbriar Equity Group LLC,
Berkshire Partners LLC and certain related parties, which formed Electro-Motive Diesel, Inc., to facilitate the purchase. On August 2, 2010, Progress Rail Services Corporation completed the purchase of Electro-Motive...
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