Company Expansion
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Alstom to expand Plattsburgh workforce to meet NJ Transit rail car order
Yahoo Finance· 2025-11-03 17:38
Core Insights - Alstom plans to recruit nearly 120 new manufacturing employees at its Plattsburgh, New York facility to meet increased demand for rail cars, specifically for a contract to produce 374 commuter rail cars for NJ Transit [1][2] Group 1: Workforce Expansion - The recruitment will focus on individuals with skills in assembly, crane operations, welding, and industrial painting [1] - Currently, the Plattsburgh plant employs about 350 people, contributing to Alstom's global workforce of over 86,000 [2] Group 2: Production History and Contracts - Alstom has been operating in the Adirondack region since 1995, producing 4,000 cars for the New York City subway and over 1,000 for the San Francisco Bay Area Rapid Transit [3] - The company recently began producing ten additional trains for Transport for London's Elizabeth line at its facility in Derby, UK [3] - A £220.5 million ($293.9 million) contract for new Class 345 Aventra electric multiple units involves nearly 40 British companies and supports over 1,000 jobs [4]
Red Rock Resorts outlines $385M Durango expansion with 400 new slots while extending share repurchase program to 2027 (NASDAQ:RRR)
Seeking Alpha· 2025-10-29 01:52
Core Insights - The article discusses the importance of enabling Javascript and cookies in browsers to prevent access issues [1] Group 1 - The article highlights that users may be blocked from proceeding if an ad-blocker is enabled [1]
Landmark Structures Expands Operations in Burlington with New CAD Design Office, Supporting Growth in Water Infrastructure Engineering
Globenewswire· 2025-10-28 13:10
Core Insights - Landmark Structures is expanding its CAD Design Office to accommodate a growing team and enhance collaboration for water infrastructure projects across North America [2][4] - The new facility is strategically located to improve accessibility and support operational continuity between teams [2][4] - The office will feature amenities aimed at enhancing employee wellness and work-life balance, including a fitness center and recreational facilities [3] Company Overview - Landmark Structures, founded in 1974, specializes in water storage design, engineering, and construction, serving industrial, military, and municipal markets in both the U.S. and Canada [5] - The company is positioned for continued growth with its expanded office space and enhanced capabilities to attract top talent [2][4]
Birkenstock Promises Bigger 2025 Sales
Yahoo Finance· 2025-09-25 12:29
Core Viewpoint - Birkenstock Holding plc has reaffirmed its outlook and projected stronger-than-expected revenue for fiscal 2025, despite missing revenue forecasts in the third quarter [1][2]. Financial Performance - The company expects to generate at least 2.09 billion euros (~$2.25 billion) in fiscal 2025 revenue, exceeding its previous guidance [3]. - For the fourth quarter, Birkenstock projects sales of at least 520 million euros, reflecting a 14% increase on a reported basis and an 18% increase in constant currency [4]. - The adjusted EBITDA margin forecast remains stable at 31.3% to 31.8% [4]. Strategic Developments - Birkenstock has signed an agreement to acquire a production and logistics facility near Dresden for 18 million euros, which spans 78,000 square meters of developed space and an additional 80,000 square meters of land [5]. - The acquisition is part of the company's strategy to expand production capacity across Europe and is expected to be operational by fiscal 2027 [5][6]. Market Reaction - Following the positive guidance, Birkenstock shares traded higher, increasing by 4.76% to $47.50 in premarket trading [6].