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With the re-opening of the line in 1974, and the switch to electric motive power, there was a clear need once more for a second locomotive.
Alex Schwab had bought 5060 second hand (although only one year old), but now set about designing a brand new engine. He worked with Tom Smith of Lechlade, who had supplied the first electric engine, and together they produced the locomotive which entered service in 1976 bearing the number 7007 and the name “Great Western”.
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