Railway supply industry news – Page 120
-
NewsProgress Rail to buy Rail Product Solutions
USA: Caterpillar subsidiary Progress Rail Services Corp announced that it had reached a definitive agreement to purchase track fastening supplier Rail Product Solutions Inc from Amsted Rail Co on September 29. Completion of the transaction is subject to regulatory approval. The acquisition ‘expands our portfolio of track related products and ...
-
NewsSiemens opens locomotive servicing and data analysis centres
GERMANY: Bayern Transport Minister Joachim Herrmann and Siemens Mobility CEO Jochen Eickholt officially opened a locomotive service centre at the manufacturer’s München-Allach plant on October 1. Siemens says the new 2000 m2 covered hall will enable it to undertake locomotive manufacturing and maintenance at a single location for the first ...
-
NewsMarmon and Wells Fargo buy GE Capital rail businesses
USA: GE Capital announced the signing of three agreements to sell its wagon leasing and repair activities on September 30. The sales ‘to buyers that are long-term players in the industry committed to expanding the businesses’ form part of GE’s strategy to sell most GE Capital assets and focus on ...
-
NewsBombardier to expand Wrocław factory
POLAND: Bombardier Transportation has awarded industrial property developer Panattoni Europe a contract to build a new manufacturing hall alongside the existing facilities at its Wrocław plant. Completion is scheduled for June 2016, with the new hall to be used to manufacture passenger rolling stock bodyshells for projects including Deutsche Bahn's ...
-
NewsHigh Speed 2 civil works tendering begins
UK: The government launched the bidding process for the construction of High Speed 2 on September 24, with the issuing of a pre-qualification questionnaire for the Tranche 1 main civils works contracts. The seven contracts with a total value of £11·8bn cover construction of the surface route and tunnels ...
-
NewsRailmark forms Transit Services business unit
USA: Railmark Holdings Inc has announced the formation of a Railmark Transit Services business unit, consolidating its lubrication, equipment heating and rolling stock component activities alongside its train operations, rolling stock maintenance, marketing, accessibility modification and other passenger rail support services. Railmark plans to ‘significantly’ expand the range of ...
-
NewsRailway supply industry news in brief
Polish track and bridge supplier KZN Bieanów has established a German subsidiary. Curry Rail Services has received an AAR wagon builder’s licence following an inspection of its facilities in Hollidaysburg, Pennsylvania. EP Cargo has acquired a majority stake in LokoTrain. EP Cargo Chairman Tomáš Novotný said LokoTrain’s portfolio ...
-
NewsRocla to build Florida sleeper plant
USA: Rocla Concrete Tie announced a long-term sleeper supply agreement with Florida East Coast Railway and passenger rail project promoter All Aboard Florida on September 8. Construction of a concrete sleeper plant in Fort Pierce, Florida, is set get underway immediately, with production scheduled to begin in early 2016. ...
-
NewsRussian signalling R&D agreement
RUSSIA: An agreement to establish a signalling R&D centre by the end of the year was signed by Alstom, Transmashholding and the NIIAS and Skolkovo Foundation research organisations during the Expo 1520 trade fair. The R&D centre is to be located at the Skolkovo technology cluster near Moscow. According ...
-
NewsThales adopts open-source ERTMS testing tool
GERMANY: Signalling and train control supplier Thales Deutschland has agreed to use the ERTMSFormalSpecs open-source modelling tool to test braking curves in the development of its onboard unit for the ETCS Baseline 3 specifications. Tool developer ERTMS Solutions announced on September 9 that it had signed an agreement with Thales ...
-
NewsScomi and Škoda Transportation sign partnership
INTERNATIONAL: Czech company Škoda Transportation and Malaysian monorail and bus supplier Scomi Engineering have signed an agreement to collaborate in the development of mass rapid transit and light rail vehicles. ‘This collaboration by both parties will enable Scomi to participate in a wider range of transport projects’, said Kanesan ...
-
Metro Report InternationalScomi and Škoda Transportation sign partnership
INTERNATIONAL: Czech company Škoda Transportation and Malaysian monorail and bus supplier Scomi Engineering have signed an agreement to collaborate in the development of mass rapid transit and light rail vehicles. ‘This collaboration by both parties will enable Scomi to participate in a wider range of transport projects’, said Kanesan ...
-
NewsHitachi opens Newton Aycliffe rolling stock plant
UK: Prime Minister David Cameron was amongst the guests at celebrations marking the opening of Hitachi Rail’s £82m rolling stock plant at Newton Aycliffe in County Durham on September 3. Other VIPs included Chancellor George Osborne, Transport Secretary Patrick McLoughlin and Rail Minister Claire Perry. The plant will produce the ...
-
NewsSapphire Corp to acquire Ranken Infrastructure Ltd
ASIA: The shareholders of Singapore-listed Sapphire Corp approved the 360m yuan acquisition of Chinese rail engineering specialist Ranken Infrastructure Ltd at an extraordinary general meeting on September 2. The deal is expected to be completed by October. Established in 1998, Chengdu-based Rankin undertakes projects in China, India, Bangladesh and Saudi ...
-
NewsHitachi Information Control Systems Europe formed
UK: The Railway Engineering Co was renamed as Hitachi Information Control Systems Europe Ltd with effect from September 1. The signalling, operations, simulator and automatic route-setting software company was acquired by Hitachi in December 2012, and is now Hitachi’s traffic management systems integrator for the European market. The company’s ...
-
NewsUnited Wagon Co to supply castings for the US wagon market
RUSSIA: A 10-year agreement for United Wagon Co to supply Wabtec Corp with castings for the US wagon market was signed at the Expo 1520 trade fair in Shcherbinka on September 2. Wabtec Corp is to provide design documentation and a manufacturing license enabling UWC’s Tikhvin plant to supply side ...
-
NewsFujitsu buys Applied Card Technologies
UK: Fujitsu announced its ‘multi-million pound’ acquisition of Applied Card Technologies on August 27. ‘ACT is a proven expert in the digital ticketing space and will be a vitally important part of the Fujitsu business’, said Regina Moran, CEO of Fujitsu UK & Ireland. ‘Digital ticketing is ...
-
NewsRussian Traxx unveiled at Engels locomotive plant inauguration
RUSSIA: The prototype 1 520 mm gauge Bombardier Traxx F120MS locomotive was unveiled at a ceremony marking the inauguration of First Locomotive Co’s factory at Engels in Saratov oblast on August 19. The First Locomotive Co joint venture of Russian investors and Bombardier Transportation was established in 2012 ...
-
NewsAMP Capital takes majority stake in Angel Trains
ANGEL TRAINS: Arcus European Infrastructure Fund has sold its stake in UK rolling stock leasing company Angel Trains to Australian pension investor AMP Capital Investors, which has increased its stake in the company from 30% to 55%, and to Canadian pension investor PSP Investments, which has increased its stake from ...
-
NewsSystra acquires Tectran
BRAZIL: French engineering firm Systra has acquired Brazilian consultancy and engineering company Tectran Tectran is headquartered in Belo Horizonte and employs 80 people. The company works in metro, rail and road infrastructure engineering, urban planning and logistics studies. The two companies have worked together since 2013 on passenger ...