NIAC. (is planning ambitious new supplies and services) (Brief Article)

Railway Age | January 1, 1994 | Copyright

NIAC, the U.S. subsidiary of Nissho Iwai Corp., has ambitious plans for enlarging its role as a supplier of railway and rail transit products. Since the mid-'70s, NIAC has supplied around 1,000 rail transit vehicles to U.S. customers. NIAC now says it is "diversifying into other rail areas, such as high speed railroads, freight cars, and locomotives using a.c. propulsion systems." In its 1993 annual report, released in ...

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