Siemens Secures US Locomotive Order
March 18 2014 - 7:32AM
Dow Jones News
Siemens AG (SI) has received an order for a total of 32
locomotives from five U.S. states, which will be manufactured at
the German industrial conglomerate's Sacramento, California
site.
The contract, worth around 165 million euros ($229.5 million),
includes a purchase option for another 75 locomotives for regional
transportation and another 150 for mainline transportation, or 225
additionally.
The 32 locomotives will be delivered between late 2016 and
mid-2017.
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