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UGL wins $108m contract to supply 10 new trains

UGL wins $108m contract to supply 10 new trains

Infrastructure and services group UGL Limited (ASX:UGL) announced today it had secured $108 million worth of new locomotive supply and maintenance projects.

The contracts include orders to design and manufacture 10 new trains for Xstrata Coal, and a 10 year maintenance program for the trains and 300 wagons.

UGL CEO Richard Leupen said the company had recently also won a series of supply contracts in the passenger rail sector.

UGL’s Rail business continues to benefit from increased investment in Australia’s freight and bulk commodities markets,” he said.

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Tags engineeringUGL Limitedbusiness deals

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