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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 (916)7/5/2001 11:53:29 PM
From: Gilbert Drapeau  Read Replies (1) of 1177
 
Bombardier Receives Order for Modernization of 60
Electrical Trainsets from the Netherlands Railways

MONTREAL, QUEBEC--JULY 5, 2001 - 09:18 EDT
Bombardier Transportation has received an order
from the Netherlands Railways (NS REIZIGERS) to overhaul and
modernize 60 three-car trainsets type SGM III. The value of the
contract is approximately Cdn$132 million (90 million euros).

The modernization will take place at Bombardier's facilities in
Randers, Denmark. The delivery will begin in the summer of 2003
and go on until the summer of 2006.

The work on the trainsets includes new interiors and seats,
passenger information system, new chopper system, new auxiliary
power supply, CO2 controlled ventilation and new air supply
system. Furthermore, an additional entrance in the middle coach
will be built in, the train will be re-painted and a number of
other systems will be overhauled/maintained.

The purpose of NSR with this project is to extend the lifetime of
the trainsets for 15 years, to introduce cost-effective solutions
in operation and to improve the passenger comfort.

Andrew Lezala, President of Bombardier Transportation, Services
stated; "I am delighted that this most important customer has
chosen Bombardier to deliver this major modernization contract.
This reflects the confidence that NSR has in our company and our
Danish Services team".

Bombardier Transportation is the global leader in the rail
equipment, manufacturing and servicing industry. Its wide range
of products includes passenger rail cars and complete rail
transportation systems. It also manufactures locomotives, freight
cars, propulsion & controls and provides signaling equipment and
systems.

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 79,000 people in 24 countries
in the Americas, Europe and Asia-Pacific. Bombardier's revenues
for its fiscal year ended Jan. 31, 2001 totalled $16.1 billion and
more than 90% were generated outside Canada.
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