I believe Bombardier also partly owns a manufacturing plant in India in collaboration with some Indian outfit for manufacturing equipment for the Indian market (e.g. cars for Delhi Metro). In addition it has licensed technology to Indian Railways for use in manufacturing electric locomotives in IR's Chittaranjan Locomotive Works, and currently the WAP-5, WAP-7 and WAG-9 class engines manufactured there use these licenses. Similarly Bombardier has licensed technology to China for local manufacturing in that country.The answer: buy up plants in other lands to compete. Thus, Bombardier just purchased seven (?) railcar factories in Europe, to take the sting out of the appreciated Euro. the plant just South of the Border in Plattsburgh NY is closing as the US contract it supplied is ending. You see how currency fluctuations dictate where the jobs go, in a duty-free world.
Currency exchange rates
Started by
KevinKorell
, Mar 11 2010 02:13 AM
10 replies to this topic
#11
Posted 01 June 2010 - 03:41 AM
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