Alstrom secured a large multi-year contract worth over two billion dollars that will take years to fulfill.
A large railcar contract was awarded to Alstom by the MTA. The North Country Chamber of Commerce reports that the order is for 316 next generation passenger railcars for the Long Island and Metro-North railroads and is valued at $2.3 billion. The chamber says It also includes an option for up to 242 additional cars with a value of up to $1.5 billion. Chamber President, Garry Douglas, said "This contract will bring years of steady work to Alstom's plants in both Hornell and Plattsburgh.” Additionally, Douglas suggested, he’s aware of another large deal in the works.