Alstom Completes $75 Million Hornell Expansion, Bolsters U.S. Manufacturing Presence

Portfolio | Jun 02, 2025 | New York Ventures Inc

Governor Kathy Hochul announced the completion of a $75 million expansion by rail transportation manufacturer Alstom in Hornell, New York. Facilitated by New York State provisions including up to $7 million in performance-based tax incentives, Alstom has reshored a critical car body shell production facility back to the United States, which was previously based in Brazil. This move supports health access to the company's longstanding relationship with key clients like Chicago's Metra rail line. Additionally, the expansion strengthens New York's manufacturing capabilities, a core of the Southern Tier's revitalization strategy, with Alstom committing to creating 258 new union-supported jobs and retaining 390 jobs. This initiative further showcased the state's role in leading the charge to bring back manufacturing jobs to America while empowering local economies. The state funded earlier rounds of expansions with up to $30 million to ensure long-term growth by Alstom securing large contracts, including partnerships with Amtrak's high-speed train initiative.

Sectors

Manufacturing
Transportation

Geography

United States – The expansion signifies the reshoring of Alstom's manufacturing operations from Brazil back to the United States.
New York – Alstom's expansion is located in Hornell, New York, with significant support from State-level initiatives.

Industry

Manufacturing – The article discusses the expansion of Alstom's manufacturing facility in the United States, highlighting the resurgence of the manufacturing industry.
Transportation – Alstom is involved in producing multi-level commuter cars and light rail vehicles, which falls under the transportation industry, impacting commuter rail networks in Chicago and Philadelphia.

Financials

$75 million – Investment by Alstom in the expansion of its manufacturing facility in Hornell, New York.
$7 million – Performance-based tax incentives provided by the State of New York for job creation commitments by Alstom.
$30 million – Earlier funding from the Southern Tier Soaring Upstate Revitalization Initiative for facility construction and renovation.

Participants

Name	Role	Type	Description
Alstom	Target company	Company	A rail transportation manufacturer expanding its manufacturing facility in Hornell, New York.
New York Ventures Inc.	Supporting entity	PE	Part of New York State, providing financial incentives to facilitate Alstom's expansion.
Governor Kathy Hochul	Government official	Government	Governor of New York announcing the completion of Alstom's expansion project.
State of New York	Support and incentive provider	Government	Provided financial support and tax incentives for Alstom's reshoring efforts.
Southern Tier Soaring Upstate Revitalization Initiative	Funding provider	Government	Program providing funding to support economic development in the Southern Tier region of New York.