SIEMENS TO BUILD UK MANUFACTURING FACILITY FOR ROLLING STOCK CONTRACT

Siemens Mobility has won a £1.5bn ($2bn) contract to provide new rolling stock for the London Underground as part of a localisation commitment. Siemens pledged to establish a £200m ($265m) manufacturing facility in Goole, East Yorkshire to make trains for the project. The company, which already provides trains for Britain’s South...

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