Westchester County Business Journal 4/16/2012

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Biz

WESTCHESTER COUNTY

WCBJ ®

INSIDE

BUSINESS JOURNAL

YOUR only SOURCE FOR regional BUSINESS NEWS | westfaironline.com

April 16, 2012 | VOL. 48, No. 16

Derailed in Yonkers

Kawasaki loses subway car contract to Bombardier BY JOHN GOLDEN jgolden@westfairinc.com

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business continuity workspace spread between two buildings on Skyline Drive. Through the latter three service offerings, Xand provides clients space where they can store and manage their own servers, space where they can store their electronic data to be managed by Xand, and workspace reserved for a company’s exclusive use in the event of a power outage or related work stoppage at their main location. Earlier this month, Xand finalized the acquisition of Access Northeast, a competing data center provider that is headquartered in Marlboro, Mass., and also has a facility in

etropolitan Transportation Authority officials have delivered a load of steady work and jobs over the next five years to an upstate city and a major manufacturer there with a nearly $600 million contract that left Yonkers and its rail car manufacturer waiting at the station. The MTA’s move left Yonkers Mayor Mike Spano steamed. MTA directors March 28 unanimously awarded a $599.47 million contract to Bombardier Transit Corp. in Plattsburgh for the purchase of 300 New York City Transit subway cars. The cars, to be delivered in 2016, will replace the city’s C Line cars that Spano made their subterranean debut in 1964 with the New York World’s Fair. A supplier of subway and commuter rail cars to metropolitan lines since 1981, Bombardier outbid its long-time competitor for the MTA’s lucrative capital-program business, Kawasaki Rail Car Inc. in Yonkers. MTA officials a year ago said the Kawasaki plant has turned out more than 1,900 subway and rail cars for New York City Transit and the Long Island Rail Road, totaling more than $2.78 billion in contracts. With the MTA budgeting $748 million for subway car purchases in its current five-year capital program, Kawasaki two years ago partnered with the French conglomerate Alstom, an international builder of high-speed trains, power generation plants and electrical transmission grids, to bid on the contract. In February, ALSKAW L.L.C. submitted a best and final offer to the MTA of approximately $657 million.

Xand, page 6

Yonkers, page 6

Short sales cure mortgage blues • 2 Bedford Realtor Mark Boyland in front of a short-sale home.

Xand primed for growth in Northeast BY PATRICK GALLAGHER pgallagher@westfairinc.com

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wenty-two years ago, data services provider Xand Corp. was founded by a medical doctor who had a change of heart. Now, six months after being acquired by Boston private equity firm ABRY Partners L.L.C. and getting a new leadership team, Xand is positioning itself to be one of the foremost data centers in the Northeast. Xand, based in Hawthorne, has approximately 90,000 square feet of colocation, managed server hosting, and

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