http://www.theglobeandmail.com/servlet/story/LAC.20061116.RRAILPOWER16/TPStory/?query=railpower
I have been following this story on the Green Goats forum and it appears that Railpower is currently suffering from a cash flow crunch and is trying to work out various forms of financing to get them through it. Start-up and early production costs are hitting them harder than anticipated. The general tone is cautiously optimistic at this time and if they can get through till March 2007, the business should survive.
Given that most of their orders are relying on government pollution mitigation grants (CMAQ) it is not surprising that they haven’t got their money yet.
LC
The Gen-set locomotives are probably hurting them as well. The point concerning the govt money is well made.