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Siemens Mobility won two contracts worth more than $200 million combined to build light rail vehicles for San Diego and Portland. The trains will be manufactured at its facility in Sacramento County, California.
Siemens Mobility has won a mid-life overhaul service contract for TriMet's 79 SD660 light-rail vehicles. The project order is approximately $80 million with options for up to $25 million more. Overhauls will take place at a new facility in Clackamas, Oregon.
Bohai Automotive (stock code 600960) acquired 75% of TRIMET Automotive Holding GmbH (TAH) from the German TRIMET Group. TAH is a developer and manufacturer of aluminum automotive components for European OEMs.