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GEC Alsthom Traction Ltd became Alstom Traction Ltd on 22 June 1998 and the company name survived to 19 August 2008, although increasingly integrated within the Transport division of Alstom. The Alstom Transport factory at Preston was the last site of the former GEC Traction to remain open, albeit on a much reduced scale to that in the 1970s ...
In November 2013, Alstom announced it planned to raise €1 to €2 billion through sale of some non-core assets, plus the possible sale of a stake in Alstom Transport, and cut 1,300 jobs. [ 48 ] [ 49 ] In 2014, Alstom sold its steam auxiliary components activities (air preheaters and gas-gas heaters for thermal power, other industrial heat ...
In December 2021, it was announced that a joint venture between Hitachi and Alstom had won the contract to build 54 trains for the High Speed 2 programme. The rolling stock would be constructed at Newton Aycliffe and Alstom plants in Crewe and Derby. [30] However, questions over the future of this order have been raised. [31]
After the closure of Alstom's Washwood Heath plant in 2005, Derby works became the only passenger rolling stock manufacturer in the UK. [1] [2] During mid-2011, Bombardier announced it was to cut 1,400 out of the 3,000 jobs at Derby. In November 2019, following the awarding of several big contracts, Bombardier announced the creation of 400 new ...
In February 2020, Alstom agreed to buy the Bombardier Transportation division and signed a memorandum of understanding to do so, for between €5.8 billion and €6.2 billion. The deal required approval by Alstom shareholders at a meeting held in October 2020, as well as approval by European regulators.
With burgeoning commuter rail traffic, a three road engine shed was provided next to Ley Street which opened in 1901. A fire in May 1909 saw a number of locomotives damaged but repairs were authorised quickly and the structure repaired. In 1903 a triangular junction was built just to the north of this site linking the main line to the Fairlop Loop.
In 2009, the then transport secretary Lord Adonis outlined a policy for high-speed rail in the UK as an alternative to domestic air travel, with particular emphasis on travel between the major cities of Scotland and England, "I see this as the union railway, uniting England and Scotland, north and south, richer and poorer parts of our country ...