Vossloh is planning to open a rail fastening production plant in Texas in a bid to take advantage of a predicted growth in rail construction in the US and Mexico.
The site in Waco, which is due to open in just under a year’s time, will allow Vossloh to bid for more work in the US, with the ‘Buy American Act’ restricting the level of involvement of non-American suppliers.
The company said it was particularly targetting planned transit and high-speed rail construction opportunities.
Vossloh said it was looking to tap into a period of growth across the USA, Canada and Mexico, which is expected to be worth around 5.9 billion euros between 2015 and 2017.
