Mechanical

In addition to offering Niles-Simmons machinery, Simmons Machine Tool will be receiving a N30 MC (pictured), a multi-axis, multi-function turning machine that can handle turning, milling, boring, drilling and other machining process operations.

Simmons Expands Product Line, Launches Technical Center

Simmons Machine Tool Corp. has established the Niles Technical Application Center (NTAC) at its manufacturing facility and headquarters in Albany, N.Y., to offer Niles-Simmons machinery to the rail, aerospace, defense and other non-automotive industries in North America.

Hans von Lange, 1923-2020

Hans von Lange, an iconic figure in the global railway maintenance-of-way supply industry, died Nov. 16, 2020. He was 97. Son Michael Lange, one of nine children and head of Exton, Pa.-based Globe-Connect LLC, provided the following memorial for his father, who he says “lived a life full of adventure, challenges, dangers, failures and successes”:

Metra leaders report that without additional COVID-related financial assistance, the commuter rail agency “will need to cut expenses by $70 million next year.”

Metra Board Signs Off on 2021 Budget

Chicago’s Metra commuter rail agency is moving its Board-approved $700 million operating budget and $386.8 million capital program for 2021 to the Regional Transportation Authority for final approval. RTA’s Board will review them as part of a consolidated budget for the area’s public transit systems, including Chicago Transit Authority (CTA) and Pace Suburban Bus.

CN IPO: 25 Years, C$100B Market Cap—and Six Locomotives

Twenty-five years ago, Nov. 17, 1995, the Government of Canada put CN (TSX: CNR) (NYSE: CNI) shares up for sale to investors. At C$2.25 billion, it was the biggest IPO in Canadian history. “At the time, CN was the largest and oldest Crown Corporation in Canada,” CN said in a statement marking the anniversary, which it also celebrated with six road locomotives painted in heritage schemes. “Today, CN is a world-class transportation leader and trade-enabler.”