Article: ITOCHU, NAGOYA RAILROAD TO STUDY MAGLEV TRAIN WITH ALSTOM.

TOKYO, Feb 13 Asia Pulse - Itochu Corp. (TSE:8001) and Nagoya Railroad Co. (TSE:9048) said Tuesday they have reached an agreement with France's Alstom regarding joint research in a next-generation train system.

The aim of the research is to promote, both in Japan and abroad, a high-speed magnetic-levitation train system developed by Nagoya Railroad subsidiary Chubu HSST Development Corp. The companies will also study the possibility of taking joint ...

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