News of a major influx of jobs for Moncton spilled out not from a government announcement but an exclusive report by Radio-Canada on Thursday, with an American-based company saying it will begin producing rail cars at the city's Hump Yard.

Radio-Canada reports Miami-based ARS Canada Rolling Stock plans to start production of grain hoppers, box cars and TC-117 rail cars in Moncton, saying it will create 200 jobs in the first phase of production.

TC-117 rail cars will replace the DOT-111s which were involved in the 2013 Lac-Mégantic disaster, and are being phased out of use by Nov. 1 because of regulations imposed by Transport Canada.

ARS Canada Rolling Stock CEO Arturo Contreras said Moncton was the company's choice to start Canadian production because of its history as a rail town.

Read the full story at cbc.ca.