May 27, 2018 2:47 PM ET

Machinery

Company Overview of Stadler Bussnang AG

Company Overview

Stadler Bussnang AG manufactures and distributes FLIRT, GTW and rack railways. The company was founded in 1962 and is based in Bussnang, Switzerland. Stadler Bussnang AG operates as a subsidiary of Stadler Rail AG.

Ernst-Stadler-Strasse 4

Bussnang,  9565

Switzerland

Founded in 1962

Phone:

41 71 626 20 20

Fax:

41 71 626 20 21

Key Executives for Stadler Bussnang AG

Stadler Bussnang AG does not have any Key Executives recorded.

Stadler Bussnang AG Key Developments

Stadler Bussnang AG Announces Contracts for Procurement of 3-6 Electric Shuttles and an Option of Up to 2 Others

Stadler Bussnang AG announced contracts for procurement of 3-6 electric shuttles and an option of up to 2 others. Type of client: other carriers of cantonal duties; type of procedure: open procedure; order type: delivery order, number of offers: 2.

Stadler Set to Expand Manufacturing Facility in Salt Lake City

Stadler is set to construct a new manufacturing facility in Salt Lake City where they will build and assemble trains for transit properties throughout the United States. Currently, Stadler is leasing space from the Utah Transit Authority at their Warm Springs facility, employing 115 employees. Stadler's expansion project will take place at 150 South 5600 West and will take approximately ten years or less depending on future orders. Phase 1 will begin in early 2018 with the construction of new roads, utilities, test track, and manufacturing plant with office building. Additional growth is modular and can scaled to match the needs of future client orders. Based on the growth forecast, Stadler expects to employ up to 1,000 direct employees within the next 10 years and more indirect employees as its local supplier basis. Stadler's initial investment in the City will be more than $50 million for the initial project. Expansions have not been priced out. Stadler construct the very finest in train manufacturing plants right here in Salt Lake City. The selected location is minutes away from the International Airport and has land ready for Stadler to construct a 0.6 mile North American test track to be used for testing and commissioning of its trains before they ship to clients across the USA and North America.

Stadler to Deliver 40 Double-Deck Kiss EMUs to Hungary's MÃV-START

Stadler has signed an agreement to deliver up to 40 six-car double-deck Kiss electric multiple units (EMUs) to Hungary's national passenger operator MÃV-START. The company has signed an agreement to deliver up to 40 six-car double-deck Kiss electric multiple units (EMUs) to Hungary's national passenger operator MÃV-START. MÃV-START has an obligation to order a minimum of ten EMUs from Stadler under the new arrangement. The value of the first order is expected to amount to 195 million, including training and spare parts. The new 155.88 m-long, 2.8 m-wide and 4.6 m-high trains are currently scheduled to enter service in 2019. The framework contract states that MÃV has the flexibility to schedule procurement of the 40 units gradually, depending on the availability of European Union (EU) funding. The Kiss trains will comprises six coaches and contain 600 seats, and will be compatible with the existing 123 Flirt EMUs that have been delivered by Stadler during the previous decade. Stadler's new EMU units will be able to carry 50% more passengers, and will help MÃV-START address the challenges brought on by growing passenger numbers.

Similar Private Companies By Industry

Company Name Region
3S Systemtechnik AG Europe
Abraxos Holding AG Europe
AC Serendip AG Europe
Advanced Aerofoil Technologies AG Europe
Aebi Schmidt Holding AG Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
Tax Management Inc United States
John F. Kennedy Center For The Performing Arts United States
NYC2012, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Stadler Bussnang AG, please visit www.stadlerrail.com/en/portrait/locations/bussnang-ch/. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.