Canadian National Railway and Vossloh sign multi-year tie and turnout agreements
Posted: 4 July 2018 | Global Railway Review | No comments yet
Following the signing of a long-term framework supply agreement for concrete ties in April 2018, Vossloh has announced the execution of a second multi-year framework agreement for the delivery of turnouts in North America with Canadian National Railway (CN). CN is one of the North American Class I railroad operators serving both the U.S. and Canada.
The realisation of the framework contract for the delivery of concrete ties is with Vossloh’s Tie Technologies business unit (Division Core Components), which was acquired at the beginning of 2017. A new production site in Western Canada will be constructed for the ties to be delivered.
“By having direct access to CN with a facility connected to the rail network, we offer logistical advantages and open up future opportunities to grow for us,” said Andreas Busemann, Chief Executive Officer, Vossloh.
The framework agreement for turnouts has been concluded by the Customised Modules Division, achieving the establishment of a long-term business relationship also with another Class I customer. For this purpose the capacity in one of Vossloh’s existing locations will be expanded in order to react quickly on the customer’s needs.
“With these agreements we succeeded to establish a new long-term relationship with a strategically important and trusted partner,” states Andreas. “This is a significant step to strengthen Vossloh’s position in our focus market sustainably and supports the expected upswing of our business in North America.”
