IDA Confirms a Smooth Transition Locally for Siemen’s/Alstom Merger

September 27th, 2017

HORNELL, NY – Hornell IDA Director Jim Griffin reassured the IDA Board of Directors Wednesday afternoon that the recent announcement of a merger between Alstom and Siemens’s Corporation based in Germany will be a smooth transition and not affect the big Amtrak job recently acquired by Alstom.
“The Siemans/Alstom merger announced today was huge, and it means nothing but positive for our community,” said IDA director Jim Griffin. “They will actually compliment each other in the field and we probably will not see a lot of changes locally, at least for a year or two.”

Also the IDA will be working with Alstom on a brand new building to be constructed in the South Yards approximately 800 feet long with three new test tracks adjacent to the main building. According to Griffin, the IDA plans on working with Alstom in the near future to get a demolition contract for the old Sunset restaurant as there has been no interest in acquiring the building.