Bombardier, New United Group tackle China market for rail signalling systems
Feb. 10, 2015 – Bombardier Inc. says it is setting up a new joint venture in China to sell integrated communications and signalling systems for mass transit rail systems.
The venture, Bombardier NUG Signalling Solutions, will be jointly owned by the Montreal-based company through its Bombardier transportation division and New United Group. The two have co-operated since 2003 through another joint venture focused on motors and control systems for locomotives in China.
NUG provides knowledge of the Chinese market and links with local authorities while Bombardier offers technical expertise as a global manufacturer of rail equipment for mass transit.
— With files from The Canadian Press