Alstom has recently made headlines due to the potential closure of its Litchurch Lane train factory in Derby, UK, which is at risk due to a lack of new government orders and delays to the HS2 project. This crisis has put hundreds of jobs in the UK in jeopardy. The shadow chancellor, Rachel Reeves, has expressed concerns about the situation, emphasizing the urgency of finding a solution to prevent the mothballing of the site.
Alstom is a French multinational company that operates globally in the rail transport sector. The company is known for its expertise in passenger transportation, signalling, and locomotives. Alstom's product range includes high-speed trains such as the AGV, TGV, Eurostar, and Pendolino. The company has a long history of innovation and has been a key player in the development of high-speed rail technology. Alstom's potential closure of its Litchurch Lane factory reflects the challenges faced by the rail industry and the impact of delays and uncertainties on manufacturing operations and employment.