Mayor Antonio Villaraigosa says the new AnsaldoBreda manufacturing plant and headquarters in downtown Los Angeles will employ 600 workers, create 1,000 temporary construction jobs, and add more than a thousand support jobs in the region.
Last week, the L.A. County Metropolitan Transit Authority awarded Italian firm AnsaldoBreda a $300 million contract to build 100 light-rail cars for the city. The company will build a manufacturing plant downtown that will employ over 600 people as well as pay 1,000 construction workers to build the facility. Larry Mantle discusses the decision to award the contract to an Italian firm as well as the economic prospects of the deal.
Frank Stoltze, KPCC Reporter
Richard Katz, former California assemblyman, now on the Boards of MetroLink, MTA and High Speed Rail
Jack Kyser, Founding economist of the Kyser Center of Economic Research