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Pennsylvania Gov. Edward Rendell recently announced that South Korea-based passenger-car builder Rotem Co. will move its U.S. headquarters to the Philadelphia Naval Yard. The company’s current headquarters is in Englewood Cliffs, N.J.
The state provided a $2.2 million investment package to the company, which is expected to create 215 jobs during the next three years.
A subsidiary of Hyundai Motors Group, Rotem recently obtained contracts to build passenger cars for Metrolink and the Southeastern Pennsylvania Transportation Authority.
4/5/2006
Rail News: Rail Industry Trends
Rotem to build new U.S. headquarters in Philadelphia
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Pennsylvania Gov. Edward Rendell recently announced that South Korea-based passenger-car builder Rotem Co. will move its U.S. headquarters to the Philadelphia Naval Yard. The company’s current headquarters is in Englewood Cliffs, N.J.
The state provided a $2.2 million investment package to the company, which is expected to create 215 jobs during the next three years.
A subsidiary of Hyundai Motors Group, Rotem recently obtained contracts to build passenger cars for Metrolink and the Southeastern Pennsylvania Transportation Authority.
