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Hornell |
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Hornell
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On June 30, 2003, before the NYSE opened for trading, Alstom announced that it was "conducting an internal review assisted by external accountants and lawyers following receipt of letters earlier this month alleging accounting improprieties on a railcar contract being executed at the Hornell, New York facility of Alstom Transportation Inc. All work for the CTA contracts has been carried out at ALSTOM's extensive industrial facilities in Hornell, New York. The stainless steel carbody shells will be manufactured at ALSTOM's plant in Sao Paulo, Brazil, and then shipped to the company's facility in Hornell, New York for final assembly. |
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