Delaware Attracts Major Rail Investment, Fintech HQ

Alstom has purchased a 20-acre property in Newark, Delaware where it will provide services and maintenance for Amtrak’s NextGen Acela high-speed passenger trains. The global smart and sustainable mobility company will invest more than $55 million to acquire and improve the property and will employ approximately 100 people at the site once it is operational.

Chosen in part because of its direct access to the Northeast Corridor railroad tracks, the site will play a key role in fulfilling Alstom’s Technical Support and Spares Supply Agreement (TSSSA) with Amtrak. Alstom will construct a new maintenance facility at the site that will be large enough to service two trainsets at a time, along with a third outdoor track for storage.

The new facility is expected to open in summer 2028. In addition to the new building, Alstom will adapt an existing warehouse on the property for storage and offices for a parts distribution center, which is currently located in the nearby city of New Castle. The 50 employees from that site, which serves the first-generation Acela, will eventually be moved to the new facility in Newark, and another 50 people will be hired for the expanded scope of work. Alstom is working with New Castle County officials and the Delaware Prosperity Partnership (DPP) to bring the project to fruition.

“The Newark site will be central to ensuring the long-term performance and reliability of America’s fastest and most technologically advanced trains under our care,” said Alstom Americas President and CEO Michael Keroullé. “This site will support the local economy through added tax revenue and a total of 100 jobs. We are proud to continue operating in Delaware and we remain deeply committed to investing in our American operations to serve the U.S. market.”…

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