 4.5 million Swiss francs, according to his statement with a bank loan from the Thurgauer Kantonalbank for around 5 million Swiss francs.He restructured it and, with the Stadler GTW, opted for a new vehicle that was more suitable for modern local transport.In order to continue to be successful in rail vehicle construction, Spuhler bought the Werk Altenrhein from Schindler Waggon AG in 1997.