Rail

US Railcar to resume DMU production

Posted on July 2, 2009

Private investors affiliated with Columbus, Ohio-based Value Recovery Group Inc. (VRG) acquired the Colorado Railcar Diesel Multiple Units (DMU) and US Railcar LLC will resume manufacturing in a new facility to be established later this year pending state/local incentives and final round investments. Assets acquired by US Railcar include the former Colorado Railcar DMU proprietary rights and information, manufacturing documentation, inventory and other equipment necessary for production.

US Railcar will be led by Michael P. Pracht, its president/CEO. The company will manufacture both single- and bi-level DMUs, which are self-propelled railcars eliminating the need for more costly locomotive-hauled push/pull trains in lower density corridors. Both platforms are fully compliant with existing Federal Railroad Administration (FRA) safety standards for crashworthiness as established by the U.S. Department of Transportation and approved for immediate use on the national rail system.

The US Railcar DMU was prototyped through a demonstration project in 2002 and is currently the only FRA-compliant DMU operating in revenue service in North America.  Available in both regional and intercity configurations, the US Railcar DMU is uniquely suited for incremental corridor development at speeds from 79 mph to 90 mph. Platform enhancements currently anticipated include a diesel-electric upgrade, increasing speeds to 125 mph.

VRG is an asset recovery and management firm that specializes in asset management, advisory and asset recovery services for state and local governments, commercial banks, private investors and several federal agencies, including the FDIC. It also manages a Brownfield remediation and redevelopment partnership and serves as consultant to advanced energy programs for state and federal agencies. 

 

View comments or post a comment on this story. (0 Comments)

More News

Amtrak designates developer for $1 billion Chicago Union Station revamp

Approximately 7,500 construction jobs are expected to be developed over the life of the more than $1 billion project, as well as an additional 7,000 to 8,000 permanent jobs.

NY employers exploring alternatives during Penn Station track work

Businesses and real estate specialists say inquiries have spiked for temporary office spaces that do not require travel through Penn Station, where weeks-long outages in July and August are expected to trigger a travel nightmare for employees living in New Jersey and Long Island suburbs.

Brightline unveils West Palm Beach station

The privately funded express inter-city passenger rail service will connect Miami, Fort Lauderdale and West Palm Beach, with future service to Orlando.

Gov. Christie lays out deal with Amtrak for Penn Station track repairs

In announcing the deal, he said the Morris and Essex line will be most affected this summer. To offset the inconvenience, Christie is lowering the fare for a monthly pass, in some cases by as much as $280.

Alstom lands $55M German order for Coradia Lint trains

The diesel multiple units will be built in Alstom’s plant in Salzgitter and delivered by May 2019 to run on the RE Ulm-Aalen, RB Ulm-Langnau, and RB Ulm-Munderkingen lines.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close