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Gold/Mining/Energy : Bombardier, maker of planes and trains and other things

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To: Gilbert Drapeau who wrote (867)3/15/2001 11:53:01 AM
From: Gilbert Drapeau  Read Replies (1) of 1177
 
Bombardier Receives an Order to Deliver 126 Double-Deck
Vehicles to the Netherlands Railways

MONTREAL, QUEBEC--MARCH 15, 2001 - 11:15 EST
Bombardier Transportation was awarded an order
from the Netherlands Railways (NS Reizigers BV) for the delivery
of 126 vehicles type IRM, consisting of 21 six-car double-deck
electrical multiple units (EMUs). This represents a follow-up
order based on a contract signed in February, 2000 for the
delivery of 252 of these vehicles. This order, which is valued at
approximately $318.7 million Cdn (225 million euros), brings the
total number of IRM-type rolling stock ordered by NS Reizigers
since 1992 to 668 vehicles.

The Bombardier Transportation site in Aachen, Germany, will be
responsible for the complete vehicle assembly, testing and after
sales. The body shells of the vehicles will be manufactured at
the site in Görlitz, also located in Germany. Delivery of the
vehicles will start in the second quarter of the year 2004 and be
completed by the second quarter of 2005.

The new double-deck vehicles will be integrated into NS Reiziger's
existing fleet of IRM rolling stock. The IRM vehicle concept
(InterRegioMaterieel, or intercity rolling stock), developed
specifically for intercity traffic in the Netherlands, helps to
accommodate the increased ridership on the Dutch network. In
addition to their high passenger capacity, the double-deck
vehicles are characterised by reduced energy consumption and low
life-cycle costs (LCC). Low noise levels, comfortable seating,
spacious entrance areas, and a lift for catering trolleys to
provide service even on the upper deck, are some of the main
factors contributing to a pleasant ride for the passengers.

Dr. Peter Buttmann, President of Bombardier Transportation,
Continental Europe stated: "The fact that NS Reizigers has once
more opted for the IRM concept underlines the reliability and
attractiveness of this vehicle type which has proven itself in
revenue service since 1992. We are looking forward to continuing
the long-standing, very constructive relationship with NS
Reizigers."

Bombardier Transportation, a world leader in the manufacturing of
passenger rail cars, offers a full range of urban, suburban and
intercity vehicles as well as complete rail transit systems
worldwide. It also manufactures freight cars and provides
operations and maintenance services.

Bombardier Inc., a diversified manufacturing and service company,
is a world leading manufacturer of business jets, regional
aircraft, rail transportation equipment and motorized recreational
products. It is also a provider of financial services and asset
management. The Corporation employs 56,000 people in 12 countries
in North America, Europe and Asia, and more than 90% of its
revenues are generated outside Canada.

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