08/28/2013Accelerated entry into the worlds second-biggest rail infrastructure marketLocal production allows access to public-sector businessProduction startup scheduled for the second half of 2014Vossloh AG is stepping up its presence on the American continent and opening a production plant for Vossloh rail fastening systems in the USA. The fitting out of the facility will start in the third quarter of 2013, with plant commissioning followed by regular production scheduled to begin after mid-2014. There will be 50 new jobs at the plant in Waco, Texas.By manufacturing within the USA, Vossloh will be meeting the requirements of the Buy American Act that obligates the US government to give preference to contractors producing in the USA. Being the worlds foremost manufacturer of rail fastening systems Vossloh is thus laying the decisive foundations to be eligible for contracts awarded by the public sector. In this way, Vossloh will benefit more intensively from growth in the US rail market, specifically heavy-haul, transit and high-speed lines. (…)
via Vossloh AG : Vossloh to open new production plant for rail fasteners in the USA | 4-Traders.