Thursday, May 15, 2008

Sacramento Train Business

The existing Sacramento manufacturer is expanding, which is very good news for the area.

It would appear that high gas prices are helping to encourage more folks to ride the rails.

“The Siemens light-rail assembly plant in Sacramento will announce the largest order in its 24-year history today, bringing new jobs at a time when the area's economy is struggling.

“The $277 million contract calls for Siemens Transportation Systems Inc. to build 77 light-rail cars for Salt Lake City's transit system over four years.

“Salt Lake's order surpasses Denver's purchase of 55 cars, for $184 million, in January 2007.

“The new contract will require Siemens to increase employment from its current level of 550 workers, although it wasn't immediately clear by how many.”