Hitachi Eyes U.S. Rail Expansion Amid Seismic Political Change

Hitachi Ltd. is aiming to expand its rail business in the U.S. by bidding for streetcar and light-rail projects as President Donald Trump pledges to spend as much as $1 trillion to upgrade infrastructure across the country. The Japanese conglomerate “sees quite a big opportunity” in the U.S., Alistair Dormer, chief executive officer of Hitachi Rail Europe Ltd., said in an interview in Tokyo Thursday.