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Rail News Home Rail Industry Trends

6/19/2009



Rail News: Rail Industry Trends

Updates from R.J. Corman/Railpower, Bombardier, Veolia Transportation, MISCOR Group and Parsons Brinckerhoff


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• R.J. Corman Railroad Group L.L.C. has finalized its acquisition of Railpower Technologies Corp. and its U.S. subsidiary Railpower Hybrid Technologies.  R.J. Corman plans to continue developing and producing Railpower’s GenSet locomotives for the rail industry. There are more than 100 Railpower GenSets in operation today, R.J. Corman said. In May, R.J. Corman reached an agreement to acquire all the assets of Railpower and its U.S. subsidiary.

• A Bombardier Transportation-led consortium won a $193 million contract from Brazilian state-owned transit operator Companhia do Metropolitano de Sao Paulo (CMSP) to modernize 156 passenger-rail cars, or a total of 26 six-car trains. The 30-year-old electric multiple units operate on CMSP's Metro Line 1-Blue in Sao Paulo. Along with Brazilian partners Temoinsa and Tejofran, Bombardier will upgrade door systems and bogies, and install new interiors, propulsion systems, communication and air conditioning systems, and windows. The cars will be modernized at Bombardier's rail services center in Hortolandia, Brazil. Deliveries are scheduled to begin in August 2010.

• Veolia Transportation Inc. has appointed Tom Downs chairman of its rail division. He will work with Rail Executive Vice President Ron Hartman to help Veolia Transportation continue to grow as a private provider of contracted passenger-rail services in the United States. Downs previously was chief executive officer of the Eno Transportation Foundation and CEO of Amtrak. He also directed the National Center for Smart Growth Education and Research at the University of Maryland and was city administrator of the District of Columbia.

• MISCOR Group Ltd. named Michael Topa interim chief financial officer. He had been serving the company in a treasury management consulting role since earlier this year. Prior to joining MISCOR, Topa was CFO of Atwood Mobile Products L.L.C. He previously was president of Keystone Ranger Holders and president of Composite Technology Inc. MISCOR — whose rail services unit provides locomotive maintenance, remanufacturing and repair services — will continue to search for a permanent CFO.

• Parsons Brinckerhoff (PB) appointed David Carol vice president and market leader of high-speed rail; Jim Neal, senior engineering manager; and Joe Valencia, senior supervising engineer. Carol will be responsible for helping PB define its global strategy in the high-speed and passenger-rail markets. He most recently was project manager of commuter-rail projects for the Charlotte Area Transit System, and in a previous role, was VP for high-speed rail corridors development for Amtrak. Neal most recently was an independent consultant serving private investment groups and real estate developers; Valencia most recently was a senior technical consultant for an international engineering firm.