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Rail News: Railroading Supplier Spotlight
Rail supplier news from CDPQ, Alstom, TX Holdings, Gannett Fleming, FreightCar America and SightLogix (March 11)
Patina Rail LLP, an Anglo-Canadian consortium composed of Hermes Infrastructure and Caisse de depot et placement du Quebec (CDPQ), will acquire a 40 percent share of Eurostar International Ltd. from the United Kingdom government. CDPQ will own 30 percent of that share, and Hermes Infrastructure will own the remaining 10 percent. A Belgian railway and a French railway own the remaining shares of the company.
Six railroad industry suppliers last week launched a new initiative dubbed "Railsponsible" to focus on sustainable procurement. As part of the program, Paris-based Ecovadis will conduct assessments of participating companies to gauge their current levels of sustainability practices. The current roster of participating companies includes Alstom, Bombardier, Deutsche Bahn, Knorr-Bremse, Nederlandse Spoorwegen and SNCF.
TX Holdings Inc. announced it secured two important customer supply arrangements, among a number of new accounts. With the new arrangements, TX Holdings now provides supplies for over 100 mines.
Gannett Fleming named Bryan Mulqueen director of transit and rail. Mulqueen joined the company five years ago as a senior project manager and director of transit and rail for the Delmarva and Southeast Regions. In his new role, he'll oversee operational management, business development, strategic growth and profitability of the firm's transit and rail interests.
FreightCar America Inc. announced last week the appointment of Malcolm Moore to the company's now eight-member board of directors. Moore has served as the president and chief executive officer of global electronic components supplier Digi-Star LLC since June 2013.
Outdoor surveillance manufacturer SightLogix added Chandler Hunt as district sales manager for the southwestern United States. Based in Southern California, Hunt will work to expand the company's presence there and in Arizona, New Mexico and southern Nevada. Hunt previously served various roles with Hikvision, Quintron Systems Inc. and Graybar Electric.
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