You won’t read many stories proposing Detroit, with its hollowed-out street grid and its much-publicized financial woes, as any kind of model for the 21st-century economy. The future is Facebook, not Ford, right?
A rail manufacturer based in Illinois is in the final rounds of bidding to build 130 high-speed passenger rail cars for use on Amtrak routes in Illinois, Michigan, Missouri and California.
The order would total $352.3 million.
The bid was submitted by Sumitomo Corp. of America and Nippon Sharyo U.S.A., which opened a $35 million passenger rail car plant in Rochelle in July.
The Rochelle plant is also making 160 “Highliner” rail cars for Metra Electric line customers in the Chicago area, as well as 12 diesel cars for California’s Sonoma-Marin Area Rail Transit, 18 cars for Metrolinx in Toronto and eight bilevel passenger cars for the Virginia Railway Express in Alexandria, Va. Read More