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Rail News: Passenger Rail

ALSTOM acquires overhaul contracts from AAI Corp.

Alstom Transport March 28 announced it had acquired $190 million in transit car overhaul contracts from United Industrial Corp. subsidiary AAI Corp.

Contracts being transferred include one to continue overhauling New Jersey Transit push-pull Comet II cars originally manufactured in 1982 and remaining self-propelled Maryland Mass Transit Administration’s Baltimore metro cars originally manufactured between 1981 and 1983.

Formal contractual take-over is expected to take place during the second quarter.

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More News from 4/5/2002