Pdxrailtransit Wrote:
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> Maybe I don't get out much, but I just found out
> while looking at the Wikipedia page for EMD, that
> EMD is now under the Progress Rail umbrella, which
> is in turn, a wholly owned subsidiary of
> Caterpillar. Sort of the tail wagging the dog. I
> guess Greenbriar and
Mr. Buffet were not that
> interested in building locomotives. I always
> thought that it was a bit unreal that EMD was, at
> least financially, based in Lake Oswego, Oregon,
> not a place that I associate with reality.
>
Mr. Buffet ??
If that is a reference to Berkshire Partners, one of the former owners of EMD, Warren Buffet has nothing to do with Berkshire Partners. Warren Buffet's umbrella company is Berkshire Hathaway, and while the name may sound similar, they are unrelated. More on Berkshire Partners here: [
en.wikipedia.org]