RAILSCOT | Hitachi to move rail business to UK from Japan [BBC News]

Hitachi to move rail business to UK from Japan [BBC News]

Date: 20/03/2014

Japanese electronics firm Hitachi says it will move its global rail business from Japan to the United Kingdom. The firm says it hopes the move will help it to expand the rail business to 4,000 workers from the current 2,500. It plans to increase revenue from 2bn euros to 3bn euros ($4bn; £2.5bn) over the next few years. Last July, Hitachi won a £1.2bn deal to make the next generation of inter-city trains in Newton Aycliffe, County Durham, where it is building a factory. That will initially employ 750 workers when it opens next year. [From Richard Buckby]

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Hitachi to move rail business to UK

BBC News

Japanese electronics firm Hitachi - the manufacturer of the first bullet trains - announces it will move its global rail business from Japan to the United Kingdom.

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One of the Hitachi Class 395 high speed electric sets operated by Southeastern is seen on HS1 heading through Kent on a St Pancras to Ramsgate service on 28 October 2010.
Location: Ashford International
Company: Channel Tunnel Rail Link Phase 1
28/10/2010 John McIntyre

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Hitachi to move rail business to UK from Japan [BBC News]

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