Budd: The Dismal End of America's Last Passenger Train Builder [Railroad History]

In this video, we look at the end of the Budd Company and the demise of American passenger train manufacturing. We take an in-depth view of the subject from an article published in the Los Angeles Times in 1985. At that time, Budd was the last remaining domestic passenger railcar builder, after St. Louis Car and Pullman-Standard exited the market. By 1985, Budd was already owned by a West German Industrial Conglomerate. And the company was on life-support, basically. After losing numerous orders to other firms,especially foreign ones, and with no new prospects on the horizon, Budd shut down its Philadelphia plant in 1987 after completing an order for the Chicago Transit Authority. #railroads #subway #rapidtransit