The Caisse concludes railway investment

The Caisse de dépôt et placement du Québec has concluded its investment of $7 million dollars in CAD Railway Industries Ltd. (CADRI), a Lachine-based company specializing in rail car and locomotive repair.

The Caisse is acquiring share capital and granting a loan as part of this transaction, carried out in connection with the purchase of CADRI by a company controlled by its president and chief executive officer, Fausto C. Levy.