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LPA Group to work on new-build carriages for East Midlands Railway
By Iain Gilbert
Date: Tuesday 22 Jun 2021
LONDON (ShareCast) - (Sharecast News) - Electronic connector manufacturer LPA Group has locked in a contract win that will see it work on over 150 new build train carriages in the UK's East Midlands Railway Aurora InterCity Fleet.
LPA group said on Tuesday that it had secured a contract award to supply 165 new-build carriages with LED lighting systems, for the fleet, with the manufacturing of the trainsets taking place in Hitachi's UK Newton Aycliffe site.
The AIM-listed group highlighted that the contract award was in line with management's expectations.
Chief executive Paul Curtis said: "Our business development activities remain strong with this award adding to our already record order book. Manufacture for this contract will commence this financial year."
As of 0915 BST, LPA Group shares were up 2.86% at 72.0p.
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