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ECONOMY

JR Tokai to set up U.S. subsidiary for Texas shinkansen project

  • January 21, 2016
  • , Yomiuri
  • JMH Summary

Yomiuri wrote in its economic news section on page 10 that Central Japan Railway Co. (JR Tokai) is making final arrangements to establish a U.S. subsidiary in Dallas, Texas, by July to provide technological assistance in bringing the shinkansen high-speed rail system to Texas, linking Dallas and Houston in about 90 minutes. The company plans to dispatch about 20 engineers to the Texas unit.

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