RailWorks Corp has been acquired by its management and private equity firm Wind Point Partners. They purchased the business in May from MatlinPatterson Global Opportunities Partners, which had owned the North American track and infrastructure construction and maintenance company since 2002.
Wagon manufacturer W H Davies has expanded its UK maintenance activities with the formation of Davis Wagon Services Ltd. The company's brakes division has been appointed UK and East Africa agent of Italian manufacturer Poli and Macedonian subsidiary MZT Hepos.
Engineering and consultancy group URS Corp has announced the acquisition of Washington Group International in a $2·6bn cash and shares deal which the companies expect to close in the second half of this year.
VAE Nortrak North America Inc is expanding its pre-stressed concrete sleeper manufacturing facility in Cheyenne, Wyoming, spending $4·7m to acquire and modernise two buildings.
INTERNATIONAL: ‘Beware of trains. Life can change in a split second’ is the slogan for the 16th International Level Crossing Awareness Day, which this year has a particular emphasis on the safety of vulnerable people. Around 50 countries take part in the annual ILCAD campaign which ...
INDIA: The AT Railway a subsidiary of Amber Enterprises India has signed a joint venture agreement with South Korea’s Yujin Machinery to design, manufacture, and develop critical components for various types of rolling stock used in India. The joint venture will focus on components such as ...
EUROPE: Austrian Federal Railways has put into service the first of its updated Railjet trainsets on services linking Germany, Austria and Italy. Toma Bačić rode on a preview run between München and Verona on April 5.