China Railway Rolling Stock Corp announced on Thursday that it will build a plant in Canada to further expand its marketing¹ channels in North America.

 

中国中铁股份有限公司周四宣布，将在加拿大建立一座工厂以进一步拓展在北美的营销渠道。

 

The train maker² said in a statement that the new facility, located in Moncton in New Brunswick, will create more than 200 jobs in the first phase and generate more than $1 million in tax revenue for the local government annually³. The plant is capable of manufacturing heavy load, special railway vehicles and railway vehicle brakes.

 

The plant was jointly⁴ set up by Sichuan-based CRRC Meishan Co Ltd, a freight train maker under CRRC, Moncton-based ARS Canada Rolling Stock Inc, a local railcar manufacturer and service supplier, and a CRRC subsidiary in Hong Kong. They gained approval from the Canadian government in June 2016.

 

CRRC said the establishment of this facility will enhance its market presence in North America. However, the company's headquarters in Beijing did not disclose the total investment amount and designed manufacturing capacity.

 

The new company's main business is to carry out sales of cargo⁵ trains, research and development work for freight trains that can be operated in North America, as well as manufacturing freight trains including open-top wagons⁶, covered wagons, tankers⁷ and flat cars.

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