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Rail News: Railroading Supplier Spotlight
2/1/2012
Rail News: Railroading Supplier Spotlight
Updates from Alstom, Bombardier, RR Mergers, Rescar, HNTB and Ashcroft
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• Alstom has obtained a $392 million contract from Banedanmark, the Danish railway infrastructure owner, to replace the eastern Denmark region’s signaling system with Atlas, Alstom’s ERTMS-based signaling solution. The system will be installed on 12 lines in Sealand and Fyn regions, according to an Alstom press release. The contract will cover the design, manufacturing and supply of a complete ERTMS/ETCS1 level 2 signaling system.
• Bombardier Transportation has obtained a contract from the city of Basel’s Transport Authority to provide up to 60 BOMBARDIER FLEXITY trams. It is the biggest order placed by the authority in its 116-year history, according to Bombardier. The contract is valued at $241 million. The first new trams will enter operation in time for the opening of the extension of tram line No. eight to Weil am Rhein in 2013. Beginning in 2014, two new FLEXITY trams will be delivered to Basel every month, subject to confirmation by the legislature of the Swiss canton Basel-Stadt.
• RR Mergers & Acquisitions announced it has been engaged to sell seven, separately owned railroad track construction companies, according to a press release. Two companies for sale are in Canada and the other five are in the United States. The companies provide services to Class Is, short lines and private industrial rail owners, including railroad design engineering and consulting, new track construction and track maintenance. Consolidating the geographically contiguous companies into one will create one of the largest railroad track contractors in Canada and the United States, with total annual revenues exceeding $50 million, generating cash flow approaching $10 million, RR Mergers & Acquisitions officials said.
• The Rescar Cos. has opened a new rail-car cleaning system in Channelview, Texas. The new system is designed to process eight cars simultaneously, speeding their return to rail-car owners and leasing customers, and helping to reduce lost-income days for car lessors, Rescar officials said in a prepared statement. The facility includes dedicated tanks, pumps with product-specific piping, and a vapor abatement system designed to treat up to 900 specific compounds before and during the cleaning process. All vapors are treated and monitored to reduce or eliminate release to the atmosphere, Rescar officials said.
• HNTB Corp. has named Robert Turton to lead and enhance its national bridge practice. Turton joins HNTB as a senior vice president and national bridge practice leader, and brings more than 35 years of extensive experience in the planning, design and construction of bridge structures. He has authored technical papers, lectured at universities and presented at many national and international symposiums on a wide range of bridge and structural engineering topics, HNTB officials said in a prepared statement.
• Ashcroft Inc. has marked its 160th anniversary. In 1852, the burgeoning use of steam power led Edward Ashcroft to produce his first revolutionary "Bourdon tube" pressure gauge, according to company officials. With the growing need for more accurate and reliable instrumentation, Ashcroft gauges soon became a staple on board steam ships, locomotives and in industries throughout North America, they said. Ashcroft now produces a line of electronic and mechanical instruments under the Ashcroft, Heise, Weksler and Willy brands.
• Bombardier Transportation has obtained a contract from the city of Basel’s Transport Authority to provide up to 60 BOMBARDIER FLEXITY trams. It is the biggest order placed by the authority in its 116-year history, according to Bombardier. The contract is valued at $241 million. The first new trams will enter operation in time for the opening of the extension of tram line No. eight to Weil am Rhein in 2013. Beginning in 2014, two new FLEXITY trams will be delivered to Basel every month, subject to confirmation by the legislature of the Swiss canton Basel-Stadt.
• RR Mergers & Acquisitions announced it has been engaged to sell seven, separately owned railroad track construction companies, according to a press release. Two companies for sale are in Canada and the other five are in the United States. The companies provide services to Class Is, short lines and private industrial rail owners, including railroad design engineering and consulting, new track construction and track maintenance. Consolidating the geographically contiguous companies into one will create one of the largest railroad track contractors in Canada and the United States, with total annual revenues exceeding $50 million, generating cash flow approaching $10 million, RR Mergers & Acquisitions officials said.
• The Rescar Cos. has opened a new rail-car cleaning system in Channelview, Texas. The new system is designed to process eight cars simultaneously, speeding their return to rail-car owners and leasing customers, and helping to reduce lost-income days for car lessors, Rescar officials said in a prepared statement. The facility includes dedicated tanks, pumps with product-specific piping, and a vapor abatement system designed to treat up to 900 specific compounds before and during the cleaning process. All vapors are treated and monitored to reduce or eliminate release to the atmosphere, Rescar officials said.
• HNTB Corp. has named Robert Turton to lead and enhance its national bridge practice. Turton joins HNTB as a senior vice president and national bridge practice leader, and brings more than 35 years of extensive experience in the planning, design and construction of bridge structures. He has authored technical papers, lectured at universities and presented at many national and international symposiums on a wide range of bridge and structural engineering topics, HNTB officials said in a prepared statement.
• Ashcroft Inc. has marked its 160th anniversary. In 1852, the burgeoning use of steam power led Edward Ashcroft to produce his first revolutionary "Bourdon tube" pressure gauge, according to company officials. With the growing need for more accurate and reliable instrumentation, Ashcroft gauges soon became a staple on board steam ships, locomotives and in industries throughout North America, they said. Ashcroft now produces a line of electronic and mechanical instruments under the Ashcroft, Heise, Weksler and Willy brands.
