July/August 2023 - 8

People & Places
Nova Bus to cease bus
production in the
U.S. in early 2025
▶ Nova Bus plans to close its
The Hudson Tunnels in their current state.
Photo: Amtrak
FTA approves Hudson
River Tunnel project to
enter Engineering Phase
of CIG program
▶ The Hudson Tunnel Project
has been approved to enter the
Engineering Phase of the Federal
Transit Administration's (FTA) Capital
Investment Grants (CIG) Program. This
represents a significant advancement
for the project, which entered New
Starts Project Development through
the CIG Program in July 2016. The
Hudson Tunnel Project's sponsor,
Gateway Development Commission,
will be able to incur costs for engineering
activities, demolition and utility
relocation, property acquisition and
other non-construction costs, including
procurement of specialized equipment
and materials with the FTA's
approval to enter the Engineering
Phase of the CIG program. One noted
change FTA included in the Hudson
Tunnel updated project document was
a revision to the maximum amount of
a potential Full Funding Agreement.
The original request was for $7.408
billion, with the FTA moving the
amount down to $6.88 billion.
MassTransitmag.com/53065461
Plattsburgh, N.Y., manufacturing
facility by 2025, effectively existing
the U.S. transit bus market to focus its
efforts within Canada. The Plattsburgh
facility opened in 2009 and employs
more than 300 people. Nova Bus,
which is owned by Volvo, pledged to
work closely with employees, as well
as other Volvo companies to support
Plattsburgh area employees impacted
by the closing. According to Volvo
Group, the restructuring is expected to
make the Nova Bus operation profitable.
Production in North America
will be focused to the company's two
Canadian facilities located in SaintEustache
and Saint-François-du-Lac,
Quebec. Volvo Group reports the
restructuring of Nova Bus will have a
SEK 1.3 billion (US$122 million) negative
impact on the group's second quarter
2023 income.
MassTransitmag.com/53064174
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8 Mass Transit | JULY/AUGUST 2023
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7/12/23 8:08 AM

http://www.MassTransitmag.com/53064174 http://www.MassTransitmag.com/53065461 http://www.railwayinterchange.org/register http://www.MassTransitmag.com/10920316

July/August 2023

Table of Contents for the Digital Edition of July/August 2023

July/August 2023 - 1
July/August 2023 - 2
July/August 2023 - 3
July/August 2023 - 4
July/August 2023 - 5
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July/August 2023 - 8
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