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ABB wins traction equipment supply contract

May 28, 2015 8:17 AM ETABB Ltd (ABBNY) StockABBNYBy: Yoel Minkoff, SA News Editor3 Comments
  • Swiss train manufacturer Stadler Rail has placed $85M in orders with ABB for traction equipment supplies for projects to expand public rail networks in Switzerland and the Netherlands.
  • The equipment will be installed in a total of 90 electric trains for both suburban and intercity routes.
  • ABB +0.5% premarket

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