Good news from…the train industry?

For those objectivists in our audience who love Ayn Rand, but thought that railroad industry featured in Atlas Shrugged was out of touch with reality, you were wrong. The train industry is thriving.

Which is good news for the town of Elmira, NY.

A total of 575 jobs are coming to the small city, after Amtrak awarded an Elmira-based company a contract to build 130 new train cars. CAF USA, a subsidiary of a Spanish rail manufacturer, will build the single-level rail cars and hire hundreds for manufacturing and assembly work at its plant in Elmira. The first car is scheduled to be completed in October 2012.

The five-year contract, worth $298.1 million, is the first step in a fleet renewal plan. Amtrak said the new cars will replace some old fleet cars still in use — including some built in the 1940s and 1950s.

So, keep your eyes open for Rearden metal. It will probably be developed by Apple.

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Posted on July 28, 2010, in Job Search, Newspaper & Journal Articles and tagged , , , , , , , , . Bookmark the permalink. Leave a comment.

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