Deals this week: Balfour Beatty, CSCEC, CCECC
Balfour Beatty has secured a $1.08bn (£807m) contract from the Massachusetts Bay Transportation Authority (MBTA), US, as part of a joint venture (JV) with Herzog Contracting Corp, The Middlesex Corp and Fluor Corporation.
TfL completes London Underground upgrade works
Transport for London (TfL) in the UK has completed significant upgrade works on the London Underground in order to modernise the Tube service and provide quicker and more reliable journeys for passengers.
Progress Rail purchases Italy’s ECM
Caterpillar subsidiary Progress Rail has completed the acquisition of global railway signalling technology provider ECM.
Midas JV unit wins three contracts worth $412m to supply metro cars
Midas Holdings’ joint venture company CRRC Nanjing Puzhen Rail Transport (NPRT) has secured three metro train car supply contracts worth a combined RMB2.68bn ($412m) in China.