Bombardier Weighs Mexico Rail as Europe Stalls: Corporate Canada

Bombardier Inc., seeking to diversify the company’s rail business outside recession-mired Europe, is considering bidding on passenger-train projects in Mexico and elsewhere in Latin America.

A half-dozen possibilities have been identified in Mexico, Alfredo Nolasco, head of Bombardier’s Mexican unit, said in a telephone interview. The Montreal-based company is also “actively looking for bids” in countries such as Chile, Peru, Colombia and Panama, said Nolasco, who declined to give details.