RailPower is now part of R.J. Corman

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RailPower is now part of R.J. Corman

Postby MEC407 » Sun Jun 21, 2009 9:07 am

R.J. Corman has purchased RailPower (builder of the much maligned Green Goats).

Read more:

http://www.bizjournals.com/louisville/s ... ily49.html
MEC407
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Pan Am Railways — Boston & Maine/Maine Central — Delaware & Hudson
Central Maine & Quebec/Montreal, Maine & Atlantic/Bangor & Aroostook
Providence & Worcester — New England — GE Locomotives
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Re: RailPower is now part of R.J. Corman

Postby RickRackstop » Tue Jun 23, 2009 6:19 pm

Do you suppose that GE could furnish batteries from their new plant if the hybrid idea doesn't work out for the battery version of the Green Goat. GE is also heavily invested in wind farm equipment and batteries make the whole system more valuable when the wind isn't blowing.
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Re: RailPower is now part of R.J. Corman

Postby v8interceptor » Wed Jul 01, 2009 11:55 am

RickRackstop wrote:Do you suppose that GE could furnish batteries from their new plant if the hybrid idea doesn't work out for the battery version of the Green Goat. GE is also heavily invested in wind farm equipment and batteries make the whole system more valuable when the wind isn't blowing.

Given that Railpower has not had any orders for Green Goats (BTW, "Green Goat" refers only to the hybrids not the Railpower Genset units)since they had the battery fire related recalls I suspect that Corman may discontinue the hybrids altogether. Still, it would be a logical joint venture for GE..
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Re: RailPower is now part of R.J. Corman

Postby tomjohn » Thu Jul 02, 2009 8:07 am

I asked some questions about this topic on this site http://groups.yahoo.com/group/greengoats,my questions are there also.

1. Are we about to see a combined company.
2. Are we going to still see RailPower Green Goats on the rails.
3. Are going to have to play the wait and see game.

http://finance.groups.yahoo.com/group/g ... ssage/2351

http://finance.groups.yahoo.com/group/g ... ssage/2352

http://finance.groups.yahoo.com/group/g ... ssage/2366 - This one shows a picture -

http://finance.groups.yahoo.com/group/g ... ssage/2369

The replies that came answered my questions..

Tom
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