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Vossloh looks to tap into US with Texas site

Discussion in 'On Track.' started by News, Aug 30, 2013.

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  1. News

    News Guest

    Vossloh is planning to open a rail fastening production plant in Texas in a bid to take advantage of a predicted growth in rail construction in the US and Mexico.

    The site in Waco, which is due to open in just under a year’s time, will allow Vossloh to bid for more work in the US, with the ‘Buy American Act’ restricting the level of involvement of non-American suppliers.

    The company said it was particularly targetting planned transit and high-speed rail construction opportunities.

    Vossloh said it was looking to tap into a period of growth across the USA, Canada and Mexico, which is expected to be worth around 5.9 billion euros between 2015 and 2017.

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