GE Division Sells Locomotives To Brazil's MRS

NEW YORK (AP) -- General Electric Co. said Friday its transportation division sold 115 locomotives to Brazil's MRS Logistica S.A. with an option for 100 more.

Financial terms were not disclosed.

MRS ordered AC44i locomotives that will be built at a GE plant in Brazil. A plant in Grove City, Pa., will supply key components including the diesel engines.

The locomotives are scheduled to be delivered between 2011 and 2015.

GE shares rose 30 cents to $16.44 in morning trading.
More in Operations