GE Transportation Solving the world’s toughest transportation challenges September 2011
Feb 06, 2016
GE Transportation Solving the world’s toughest transportation challenges
September 2011
Preliminary 2009 first quarter results/ 2
Overview
• GE perspective
• Five keys to rail progress
• Discussion
Preliminary 2009 first quarter results/ 3
~$150B Revenue (2010)
$12.6B earnings
$14.7B cash flow
GE Energy $37.5B GE Capital $47.0B
Home & Business $25.5BSolutions, Media
Healthcare $16.9B
Aviation $17.6B
Transportation $3.4B
Energy Services
Oil & Gas
Power & Water
GE’s Portfolio
Preliminary 2009 first quarter results/ 4
GE Transportation• Global HQ: Erie,
Penn.
• Established more than 100 years ago
• Global workforce: ~11,000
• Global supplier network: ~1,600 companies
• Industries: Rail, Signaling, Mining, Marine, Oil Drilling, Stationary Power, Wind, Energy Storage
• Revenue: $3.4 billion (2010)
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•$400M investment
•40% lower emissions
•330,000 gallons of fuel savings (20 yrs)
•Moves one ton of freight ~480 miles on one gallon of fuel
Core product … eco locomotive
•Enough power to haul 170 “747” Jumbo Jet airliners
•Introduced in 2005 … 4,100 locos in use worldwide
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Egypt
Kazakhstan/CISUK PowerHaul
Australia
Brazil
China
United States
Canada
Mexico
Modernization
Indonesia
Global means to be local everywhere
~17,000 locomotives in more than 50 countries~4,500 Evolution Series locomotives sold since
launch in 2005
S. Africa
Turkey
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Much more than locomotives…
Global transportation systems provider with applications for rail,
mining, marine, offshore drilling, power
generation, energy storage & wind
industries
Global transportation systems provider with applications for rail,
mining, marine, offshore drilling, power
generation, energy storage & wind
industries
Locomotive, Modernizations, Parts & Service
Off-Highway VehiclesMining
Marine Propulsion Systems
Drill SystemsOil & Gas
DrivetrainTechnologies
Wind
Energy Storage
Intelligent Control Systems
Preliminary 2009 first quarter results/ 8
Dispatch Center
Wayside UnitWayside Unit
GPSSatellites
1.
3.
4.
2.5.
Communication Network
Wayside Communication Network
Michigan ITCS
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Investing in our futureMajor investment in
new technologies, products and services: $600MM (2010-11)
Tier 3 and 4 emission standards (rail, marine)
Higher speed rail in the U.S.
Battery and energy storage … $160MM investment … hybrid applications
Globalization & product diversification
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Keys to Rail Success
1. Freight Rail is the Core
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Exports Critical for U.S. Rail Suppliers
• GE – South Africa launch 2/11 – 10 U.S. locos … 90 assembled in-country with PA high-value kits
• Passage of Pending Free Trade Agreements with Columbia, Panama and South Korea will further boost domestic supplier export opportunities
Preliminary 2009 first quarter results/ 13
GE to open locomotive plant in Texas• Expansion of U.S. operational footprint to
Fort Worth, TX … 900,000 sqft facility
• Up to $100 million investment … 500+ high-tech manufacturing jobs … production launch in 3Q 2012
• Facility next to key customer BNSF
Preliminary 2009 first quarter results/ 14
Keys to Rail Success
1. Freight Rail is the Core
2. Push New Technology and Innovation
Preliminary 2009 first quarter results/ 15
Thomas Edison patent: “Locomotive for Electric Railways,”
1891
WattStation™ EV Charging Station: building on a century of innovation in designing and manufacturing electrical distribution systems
Preliminary 2009 first quarter results/ 16
GE Energy Storage• $160MM investment in battery technology
• Collaboration: GE Global Research, GE Transportation
• Durathon battery benefits:
• High-energy density … fast discharge … small footprint
• Reliability … minimal maintenance … low life cycle cost
• Temperature resistant … -20C to 70C
• Applications: Telecommunications, Utilities, Uninterrupted Power Supply … foundation for electric vehicle apps in rail, marine and mining
Advanced manufacturing facility in Schenectady,
NY
Preliminary 2009 first quarter results/ 17
Keys to Rail Success
1. Freight Rail is the Core
2. Push New Technology and Innovation
3. Enhance Infrastructure Investment
Preliminary 2009 first quarter results/ 18
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Keys to Rail Success
1. Freight Rail is the Core
2. Push New Technology and Innovation
3. Enhance Infrastructure Investment
4. Balance Our Approach
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Investment Must Be Balanced
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Keys to Rail Success
1. Freight Rail is the Core
2. Push New Technology and Innovation
3. Enhance Infrastructure Investment
4. Balance Our Approach
5. Drive Common Goals
Preliminary 2009 first quarter results/ 23
Preliminary 2009 first quarter results/ 24
Preliminary 2009 first quarter results/ 25
Thank You