NRE to Consolidate Operations

In January of this year, NRE’s leadership team, led by Steven Beal, began a months’ long planning process to streamline the company. That process culminated with a plan to consolidate several production lines to the company’s Mt. Vernon, IL and Paducah, KY facilities. NRE’s board of directors approved the plan in June.  Over the next several months, the company will consolidate rail operations from the Dixmoor, IL, Silvis, IL, and Milwaukee, WI locations to its existing Mt. Vernon and Paducah facilities. There will be no changes at NRE’s marine focused Power Systems group.  In addition, NRE Hagerstown will be moving its operations to a new facility which will be located adjacent to NRE’s Paducah, KY shops. The facility will include new and updated CNC machines, focused primarily on the manufacture and remanufacture of diesel power assemblies. This equipment will also allow NRE to expand its offerings and provide an even broader portfolio of reliable solutions. NRE, headquartered in Mt. Vernon, IL, is a vertically integrated provider of new and remanufactured locomotives for sale or lease, third party locomotive and marine engine overhaul and maintenance services, and locomotive parts and components. Since its inception in 1984, NRE has grown to become the world’s largest independent supplier of leased locomotives; new and remanufactured locomotives; new and rebuilt mechanical materials; electrical components; technical support; and field services.

-via Press Release

This article was posted on: August 28, 2020