After Derby-based Bombardier lost out on two separate train-building contracts, there is a marked difference of opinion over the benefits the new Hitachi factory in Newton Aycliffe will bring.
After securing the contract to supply 1,400 carriages to train operators on East Coast and Great Western train lines, Agility Trains Ltd (a partnership including Hitachi, Barclays Private Equity and UK developer John Laing) estimated that the contract would pump over £600m into Newton Aycliffe’s local economy, and create 700 jobs – 500 inside the…
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