Passenger rail does create economic development and jobs -- and could offer even more benefits for Ohio if Ohio actually invested in passenger rail.......
Siemens to create 50 local jobs
10:27 AM, Jul. 5, 2011
Written by
The Enquirer
The Siemens electric motor plant in Norwood expects to create 50 jobs, part of about 250 created by the company to supply Amtrak with 70 energy efficient electric locomotives.
The Department of Transportation last week announced a $562.9 million loan guarantee to Amtrak to finance purchase of the locomotives from Siemens Industry USA. The Norwood plant will supply traction motors and gear units. Another 200 jobs will be created at Siemens plants in Alpharetta, Ga., and Sacramento, Calif.
The Amtrak loan is the largest made under the Federal Railroad Administration's Railroad Rehabilitation and Improvement Financing Program. The locomotives will replace older engines on Amtrak's Northeastern U.S. routes.
READ MORE AT:
http://news.cincinnati.com/article/20110705/BIZ01/307050045/Siemens-create-50-local-jobs
Siemens to create 50 local jobs
10:27 AM, Jul. 5, 2011
Written by
The Enquirer
The Siemens electric motor plant in Norwood expects to create 50 jobs, part of about 250 created by the company to supply Amtrak with 70 energy efficient electric locomotives.
The Department of Transportation last week announced a $562.9 million loan guarantee to Amtrak to finance purchase of the locomotives from Siemens Industry USA. The Norwood plant will supply traction motors and gear units. Another 200 jobs will be created at Siemens plants in Alpharetta, Ga., and Sacramento, Calif.
The Amtrak loan is the largest made under the Federal Railroad Administration's Railroad Rehabilitation and Improvement Financing Program. The locomotives will replace older engines on Amtrak's Northeastern U.S. routes.
READ MORE AT:
http://news.cincinnati.com/article/20110705/BIZ01/307050045/Siemens-create-50-local-jobs
Ken Prendergast
Executive Director
All Aboard Ohio
12029 Clifton Blvd., Suite 505
Cleveland, OH 44107
(216) 288-4883
kenprendergast@allaboardohio.org
www.allaboardohio.org
Executive Director
All Aboard Ohio
12029 Clifton Blvd., Suite 505
Cleveland, OH 44107
(216) 288-4883
kenprendergast@allaboardohio.org
www.allaboardohio.org
