| Schumer: Amtrak, Alstom move closer to production deal | |
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HORNELL, N.Y. (AP) -- New York Sen. Charles Schumer says a city in the state's Southern Tier could gain 400 jobs if Amtrak and a French rail-car manufacturer Alstom reach agreement on a new supply contract.
Schumer on Monday says Amtrak's board of directors is expected to vote this week to finalize negotiations with Paris-based Alstom to provide new high-speed trains for its Acela Express service as part of a $2.5 billion program. The trains would be made at Alstom's 700,000-square-foot plant in Hornell in Steuben (stoo-BEHN') County, 60 miles south of Rochester.
Authorities estimate the deal would bring 400 jobs to Hornell and indirectly create as many as 350 more jobs elsewhere in upstate New York.
Amtrak's Acela Express offers rush-hour service between major eastern cities including New York; Washington, D.C.; Boston and Baltimore.
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Alstom
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CODE : ALO.PA |
ISIN : FR0010220475 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Alstom is based in France. Alstom is listed in France, in Germany and in United Kingdom. Its market capitalisation is €UR 3.3 billions as of today (US$ 3.5 billions, € 3.3 billions). Its stock quote reached its highest recent level on February 09, 2007 at €UR 98.98, and its lowest recent point on April 24, 2024 at €UR 15.04. Alstom has 219 127 000 shares outstanding. |