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http://www.wgrz.com/story/news/2015/09/21/schumer-amtrak-to-award-alstom-25b-contract/72556346/

Schumer: Amtrak to award Alstom $2.5B contract
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WGRZ
Amtrak Train Niagara Falls less

WASHINGTON – A Hornell-based rail car factory operated by Alstom is expected to be awarded a $2.5 billion Amtrak contract, New York Sen. Chuck Schumer announced Monday morning.

The contract is expected to sustain 400 jobs at Alstom's Hornell facility and another 350 in other parts of New York, according to Schumer's office.

"This contract will add a massive injection of economic energy and hundreds of good-paying jobs for the economically struggling Southern Tier," Schumer said in a statement.

Schumer was expected to join a representative of Republican Rep. Tom Reed of Corning, local officials, Steuben County officials, economic development leaders and ‎union officials in Hornell today for the announcement.

The rail cars will be used for Acela high-speed rail service on the Northeast Corridor between Washington and Boston.

The Amtrak board of directors is expected to give its approval this afternoon for negotiations with Alstom, which would be finalized by December.

The purchase depends on the U.S. Transportation Department's approval of financing through the Railroad Rehabilitation and Improvement Financing program.

The existing Acela trains were acquired in 1994 and are under leases that expire between 2021 and 2023. Acela passenger cars feature reclining seats, electrical outlets for cell phone charges and laptop computers and tables.


Eric D. Schwerin
eschwerin@bsibam.com<mailto:eschwerin@bsibam.com>

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