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Stock impact report

Alstom secures $25m deal for NJ Transit Multilevel II Truck overhauls [Yahoo! Finance]

ALSTOM UNSP/ADR (ALSMY) 
NASDAQ:AMEX Investor Relations: alstom.com/investor-relations
Company Research Source: Yahoo! Finance
The upgrade work will take place at Alstom's Kanona, New York facility, which specialises in vehicle and component overhauls. The contract involves rebuilding or replacing truck components to meet the original equipment manufacturer's specifications. This process is essential for maintaining performance, and safety, and enhancing the passenger experience, according to the company. The Multilevel II vehicle trucks undergo a mandatory overhaul every ten years to ensure they meet federal safety standards and the American Public Transportation Association (APTA) standards. Alstom Americas president Michael Keroulle said: “We are committed to restoring the performance of NJ TRANSIT's fleet through comprehensive overhauls, ensuring our customer and their passengers benefit from safe, reliable and efficient transit services. “This initiative underscores our dedication to maintaining the highest standards for our products for our customers over their entire lifecycle.” Earlier th Show less Read more
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