Rail car manufacturing plant to close in Illinois
(Source: Associated Press, August 17, 2018)
ROCHELLE, Ill. — A railcar manufacturing plant in northern Illinois is set to close as the factory building goes up for auction. Nippon Sharyo announced Thursday that it would be closing its Rochelle plant at the end of this month after a failure to deliver 130 bi-level Amtrak passenger cars for Illinois and California. The $35 million facility opened in 2012 and manufactured cars for the Chicago-area’s Metra commuter rail. A series of layoffs were announced from 2015-17 following failed safety tests on certain train cars. The company said the complexity of the project ultimately prevented completion and brought significant financial losses.
Full story: www.wgntv.com
Monday, August 20, 2018
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