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Siemens Mobility beefs up Canadian transit capabilities with purchase of RailTerm - PLANT

Siemens Mobility beefs up Canadian transit capabilities with purchase of RailTerm May 31, 2021   by (CP) Ross Marowits Germany-based Siemens has acquired Canadian transit dispatcher and railway systems maintenance firm RailTerm. The agreement enhances Siemens’ railway track and signalling, electrification and communication systems expertise to deploy the next generation of rail technologies. Financial terms of the deal that is expected to close July 1 were not disclosed. Advertisment It’s the first of what Siemens hopes will be many such deals to enhance its capabilities to go up against global giants such as Alstom, which recently became the world’s second-largest railway maker after acquiring Bombardier Transportation.

The future cityscape: 11 buildings that will change Toronto

NOW Magazine The future cityscape: 11 buildings that will change Toronto These development projects will change how we experience the city – for better or worse  By Julia Mastroianni May 27, 2021 Torontonians may have been locked down over the past year during the pandemic, but construction and development kept going. Now, with the city on course to slowly emerge, we’re taking a look at some of the most interesting buildings and developments slated to go up in the next few years that will transform how we experience the cityscape – for better or for worse. From developments billed as sustainable to future skyline icons and hyped neighbourhood game-changers, we looked at projects that will alter the city in environmental and aesthetic ways, impact the city’s heritage buildings and attempt to address the city’s affordable housing crisis.

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