Bernhard Capital Completes RailWorks Acquisition
Bernhard Capital Partners Management is the new owner of RailWorks Corp., a track construction and maintenance services provider; it completed the acquisition from Wind Point Partners on Nov. 10.
LK Comstock
L.K. Comstock lands two NYCT substations
The New York Metropolitan Transportation Authority (NYMTA) has awarded RailWorks Corp. subsidiary L.K. Comstock & Company Inc. two contracts worth a combined $74.3 million for underground electrical substations on the New York City Transit (NYCT) Canarsie “L” line in Brooklyn. Both projects will increase power capacity.
NYMTA awards L.K. Comstock QBL signaling contract
The New York Metropolitan Transportation Authority (MTA) has awarded a $223.3 million contract to L.K. Comstock & Company Inc. to upgrade the New York City Transit Queens Boulevard Line (QBL) signaling system and install communications-based train control (CBTC).