In a way, EMD was a victim of its success; one of their biggest competitors became rebuilt EMD locos. Ultimately, several years after GM unloaded it on a privat

In a way, EMD was a victim of its success; one of their biggest competitors became rebuilt EMD locos. Ultimately, several years after GM unloaded it on a private equity firm, it was sold to Caterpillar-owned Progress Rail, a company that made its name as one such rebuilder.