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ECONOMY

Japanese railway car manufacturer to close factory in U.S.

  • July 26, 2018
  • , Asahi digital
  • JMH Summary

Asahi reported online that Nippon Sharyo, the nation’s top railway car manufacturer, has decided to close its production line in Illinois in late August primarily because it has not been able to produce 130 high-speed train cars that it had planned to deliver to railway operators in California and three other states. The firm reportedly had no choice but to close its U.S. plant due in part to difficulties in training local workers and the strict rule for all train car components to be produced at home that was imposed by the U.S. government following the economic turmoil caused by the collapse of Lehman Brothers in 2008.

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