Bombardier Receives a $88 Million Order for TGV Duplex in
France
MONTREAL, QUEBEC--DECEMBER 4, 2001 - 10:58 EST
The consortium comprised of Bombardier
Transportation and Alstom Transport has received from the French
National Railway Company (SNCF) an order for 18 TGV Duplex
trainsets. This order represents the exercise of options from a
contract signed with the SNCF in October 2000. The total amount
of this new order is $491 million Cdn (350 million euros), with
Bombardier Transportation's share amounting to approximately $88
million Cdn (63 million euros). Bombardier will manufacture the
two first-class vehicles, one second-class vehicle and six
carrying bogies for each of the 10-car trainsets. Deliveries are
scheduled to take place between March 2004 and March 2005.
To date, Bombardier has contributed to the production of 259 TGV
trainsets. Between 1985 and 1992, the company has equipped 105
TGV Atlantique trainsets, 30 two-current and 50 three-current TGV
Reseau trainsets as well as 10 TGV Thalys trainsets. Since
December 1993, Bombardier Transportation has taken part in the
manufacture of 64 TGV Duplex trainsets.
Bombardier Transportation in France carries out its activities at
its Crespin site, in the Valenciennois region, where it employs
more than 1,250 people. In the French market, Bombardier
Transportation participates in all TGV programs and manufactures a
wide range of rolling stock for public transport. Among these
products are the MF 88 and MF 2000 vehicles for the Paris metro,
the Strasbourg, Nantes and Saint-Etienne tramways, the Nancy and
Caen trams-on-tires, recent vehicles for the RER network and the
TER2N NG regional transport railcars. In addition, Bombardier
Transportation was recently selected by the SNCF to supply 500
high-capacity regional trains to the French Regions.
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 and its revenues for its
fiscal year ended Jan. 31, 2001 totalled $16.1 billion Cdn. |
