"Companies based outside the U.S. have the most experience with high-speed rail, and several are jockeying to curry favor with California, Illinois, Florida and other leading candidates to receive funding.
Siemens USA, a subsidiary of Germany-based Siemens AG, has spent $76 million to expand a factory in Sacramento, Calif., where it builds rail cars. The company has already provided passenger vehicles for light-rail systems in San Diego, Denver and Salt Lake City, and it plans to hire more than 100 workers in the year or so ahead as it competes for stimulus-funded contracts."
Others -- from Canada to France to Spain -- are likely to gobble up the available contracts as projects get underway.
