M&A Invensys Rail Corp. acquired train-control system supplier PHW Inc. for up to $24 million. ... Whitmore Manufacturing Co. acquired QHi Rail Ltd. ... L.B. Foster Co. plans to sell its railway securement business in a transaction expected to be completed by the second quarter's end. MECHANICAL GE Transportation has chosen Chicago as the site for its global headquarters. GE's locomotive business and key manufacturing and engineering site will remain in Erie, Pa. Also, GE Transportation signed a memorandum of understanding with TransMashDiesel and Kazakhstan Temir Zholy to establish an Evolution Series diesel engine manufacturing plant in Astana, Kazakhstan. ... Siemens obtained a $73 million contract from the Tri-County Metropolitan Transportation District of Oregon to manufacture18 S70 light-rail vehicles. ... Wabtec Corp. signed contracts valued at $34 million to provide components for 473 subway cars to be built for MTA New York City Transit by Kawasaki Rail Car Inc. ... Bombardier Transportation obtained a $31 million order from Bure Equity for seven TRAXX F140 AC locomotives.
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