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Alstom Buys Newark Site for Amtrak NextGen Acela Maintenance Center

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Sig3.25Sen+5.10Env+0.30Soc+1.65Gov+0.20

Alstom said it bought a 20-acre Newark site to build a service and maintenance center for Amtrak’s NextGen Acela high-speed trains, investing $55 million. It is expected to provide long-term support for the fleet and expand maintenance activity tied to Delaware sites, though its nearby New Castle parts and service center is not unionized.

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