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News 34

Britain awards 4.5 billion pounds trains deal to Hitachi

(Reuters) - Britain has approved a 4.5 billion pound ($7 billion) contract with a consortium led by Japan's Hitachi to build 92 intercity trains at a newly-built factory in northern England, in a deal which will create more than 900 UK jobs.

The Agility consortium, made up by Hitachi and British construction company John Laing, has long been the preferred bidder for the contract, which the Japanese firm had originally hoped to seal by December 2009.

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