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Sunday, September 24, 2023

Vossloh looks to tap into US with Texas site

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.


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