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The acquisition will add four new customers to Loram’s business, including all main line and turnout grinding for the Aurizon network. Loram manufactured Aurizon’s fleet of rail grinders, and the acquisition includes the newly-built 120-stone RG419 rail grinder, which is due to be delivered later this year.
“Loram is proud to have served Aurizon as its rail grinding original equipment manufacturer (OEM) for many years and is now looking forward to deepening our relationship as a contract service operator,” said Mr Stephen Mannix, managing director of Loram. “There is a natural affinity between our people because both organisations share a commitment to safety and quality. We are pleased to offer continued employment to each affected employee and are hiring for new positions to support our growth.
“Loram recognises substantial opportunities in the Australian rail market and this acquisition positions Loram for significant growth.”
This article first appeared on www.railjournal.com
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