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Total investment in Siemens' high-speed rail plant in Horseheads, NY by December 31, 2025?
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Siemens•Horseheads•New York•Brightline West•Las Vegas•Southern California•America•Bipartisan Infrastructure Law•United States
Resolution / Starting Odds
Less than $60 million • 25%
$60 million to $70 million • 25%
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Financial reports from Siemens or public announcements
Story
Siemens to Build $60 Million High-Speed Rail Plant in New York, Creating 300 Union Jobs for Brightline West
Sep 9, 2024, 07:06 PM
Siemens announced plans to invest $60 million in a new high-speed rail manufacturing facility in Horseheads, upstate New York. The plant, which will create 300 union jobs, will produce high-speed trainsets for Brightline West's rail line connecting Las Vegas to Southern California. The facility is part of Siemens' effort to build America's first bullet train factory and is expected to supply trains for the route slated to open in 2028. This initiative, supported by the Bipartisan Infrastructure Law, is seen as a significant step in advancing high-speed rail infrastructure in the United States and will employ union labor.
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