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Alstom sells German rail factory to KNDS
Alstom Sells German Rail Factory to Defense Consortium KNDS
The transformation of the Goerlitz plant, located near the Polish border, into a combat-vehicles plant should be completed in 2027.
Alstom sells German rail factory to KNDS for military vehicle production
Alstom (EPA:ALSO), a leading player in the transportation sector, has finalized a deal to sell its rail manufacturing facility in Goerlitz, Germany, to defense consortium KNDS.
Alstom Sells Goerlitz Rail Factory to Defense Consortium KNDS
Alstom reached a deal to sell its rail factory in the German town of Goerlitz to defense consortium KNDS, which plans to build battle tanks and infantry fighting vehicles. The transformation of the site should be completed in 2027, with production set to start that year, the two companies said Wednesday.
2d
“Made In America” Is Easier Said Than Done
Nearshoring manufacturing is going to require more cooperation with our neighbors and significant investment in ...
Hosted on MSN
17h
Tank maker KDNS takes over Alstom rail car plant in Germany's Görlitz
The Franco-German armaments group KNDS is taking over French rail vehicle manufacturer Alstom's factory in the eastern German ...
Grand Island Independent
13d
Kawasaki separates rail, aerospace into separate business
Kawasaki will make its most significant reorganization in Lincoln in decades this spring, separating its rail and aerospace ...
2d
Titagarh Rail enters shipbuilding and maritime business in a major diversification
Titagarh Rail announced the addition of a new business vertical for Shipbuilding and Maritime Systems, wherein it will ...
5d
on MSN
Prominent Moncton developer owes province $4.9M over failed railcar contracts, judge rules
A judge has ruled a Moncton developer owes $4.9 million to the New Brunswick government over failed railcar refurbishment contracts that cost the province millions.The case centred on a personal ...
Sumner Newscow
14d
Railroad Rail Fastners and Turnouts Solution Designs selects Winfield for its new U.S. headquarters
Sumner Newscow report — Schwihag, a global leader in Railroad Rail fasteners and Turnouts Solution Designs, has selected ...
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