by Engineer Spike
I have posted it before, but here is what I think the power policy is. They bought the fleet of GP40s from Conrail, or whomever leased them to Conrail. The best went right into service. Some were repaired as time permitted. The worst were designated as parts units. As a unit failed, its condition was evaluated. If it was too far gone, then it was used for parts. This even saved having to buy parts from EMD, or an aftermarket supplier.
Now GP cores are real expensive, since they have not been produced in quantity since the early 1980s. This has forced some to be sent out for rebuild, since all of the parts units have been picked over. Leasers have been picked up too.
Leasing may be sustainable if the terms are alright. Maybe the leasing company does the heavy repairs. This could eliminate much of the expense of running Waterville.
Now GP cores are real expensive, since they have not been produced in quantity since the early 1980s. This has forced some to be sent out for rebuild, since all of the parts units have been picked over. Leasers have been picked up too.
Leasing may be sustainable if the terms are alright. Maybe the leasing company does the heavy repairs. This could eliminate much of the expense of running Waterville.