ID :
77954
Wed, 09/02/2009 - 13:05
Auther :
Shortlink :
https://www.oananews.org//node/77954
The shortlink copeid
Hyundai Rotem delivers first rail car to U.S.
SEOUL, Sept. 1 (Yonhap) -- Hyundai Rotem Co., a South Korean train maker, said Tuesday that it has delivered its first rail car to a U.S. regional public authority.
In 2006, Hyundai Rotem, an affiliate of Hyundai Motor Co., won a US$270 million
deal from the Southeastern Pennsylvania Transportation Agency (SEPTA) to supply
120 passenger trains by 2010.
Hyundai Rotem has a plant in Philadelphia with an annual production capacity of
200 rail cars to widen its market share in the U.S.
The company is also seeking to bid for a lucrative bullet train project by the
U.S. State of California.
Though still at an early stage, California plans to spend billions of dollars to
build a high-speed railway, which would link major cities with services at a
speed of up to 220 miles-per hour.
sam@yna.co.kr
(END)
In 2006, Hyundai Rotem, an affiliate of Hyundai Motor Co., won a US$270 million
deal from the Southeastern Pennsylvania Transportation Agency (SEPTA) to supply
120 passenger trains by 2010.
Hyundai Rotem has a plant in Philadelphia with an annual production capacity of
200 rail cars to widen its market share in the U.S.
The company is also seeking to bid for a lucrative bullet train project by the
U.S. State of California.
Though still at an early stage, California plans to spend billions of dollars to
build a high-speed railway, which would link major cities with services at a
speed of up to 220 miles-per hour.
sam@yna.co.kr
(END)
