Kawasaki Heavy: Received US Subway Train Order Worth Up To $1.48 Billion
28 May 2010 - 3:51PM
Dow Jones News
Kawasaki Heavy Industries Ltd. (7012.TO) said Friday it has
received an order for subway rolling stock from the Washington
Metropolitan Area Transit Authority worth up to $1.48 billion, the
biggest-ever train order for the Japanese heavy machinery
maker.
The Tokyo-based company said the U.S. local authority has
notified it of an order for 428 train carriages worth around $880
million, with an additional 320 carriages on an optional basis.
Kawasaki said its plant in Nebraska will roll out the trains,
with delivery scheduled between 2013 and 2016.
-By Hiroyuki Kachi, Dow Jones Newswires; 813-6269-2789;
Hiroyuki.Kachi@dowjones.com
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