Matthias Ruth: new faculty member in the Policy School

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By Matt Collette | Northeastern News | September 18, 2012

Matthias Ruth had long been inter­ested in envi­ron­mental issues but found it hard to use his own discipline—economics —as a tool to unite eco­nomic deci­sion making with indus­trial and urban con­straints. “Econ­o­mists are really good at devel­oping models of things that are traded in mar­kets, but a lot of things we value—like the environment—have no market and no price,” said Ruth, who is joining Northeastern’s fac­ulty this fall as a pro­fessor with joint appoint­ments in the School of Public Policy & Urban Affairs and the Col­lege of Engi­neering.

Illinois company in final stages of bidding to make high-speed rail cars for Amtrak

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By Alejandra Cancino | Chicago Tribune | September 28, 2012

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

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