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February 13, 2013

Report claims high-speed rail projects benefit more firms than first thought

  • Skeptics say taxpayers will be on the hook for years to provide subsidies to keep the projects running.
    • By JASON KEYSER
    Associated Press

    CHICAGO — Hundreds of Midwest manufacturers stand to benefit from a web of high-speed passenger rail routes emerging from Chicago's rail hub, according to a report released by an environmental policy group that has fought to defend the use of billions in taxpayer money on such projects.

    The report released Friday by the Chicago-based Environmental Law & Policy Center found that 460 manufacturers in seven Midwest states are poised to reap new business, along with a dozen more highly visible companies that make rail cars and locomotives. Those additional supply-chain manufacturers make everything from seats, couplers and bolts to ceiling panels, interior lighting and air horns. They also cut sheet metal, provide electronics and communications equipment, and supply track maintenance machinery.


     
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