Bombardier Wins Rail Transportation Orders in the United
States and Italy for a Total Value of $1.13 Billion Cdn
MONTREAL, QUEBEC--MAY 3, 2002 - 06:00 EDT
Bombardier Transportation has been
simultaneously awarded orders for rail transportation equipment in
North America and in Europe for a total value of approximately
$1.13 billion Cdn. The North American order was received from
Long Island Rail Road (LIRR) in the United States for the supply
of commuter rail cars while the European order was awarded by
Trenitalia of Italy for electric locomotives.
The order awarded by LIRR is for the supply of 352 M-7 electrical
multiple unit (EMU) commuter rail cars. It is valued at
approximately $941 million Cdn. This order, which follows a
contract awarded in 1999, brings to 678 units the number of M-7
cars ordered by LIRR.
Bombardier Transportation was also awarded a contract by
Trenitalia (Italian State Railways) for the supply of 42 electric
locomotives Class EU11. The contract is valued at approximately
$188 million Cdn.
In the United States, the new M-7 commuter cars will be used to
replace the electric commuter car fleets for both Metropolitan
Transportation Authority (MTA) commuter railroad agencies, the
Long Island Rail Road (LIRR) and Metro-North Commuter Railroad
(MNCR). The MTA commuter agencies together are the largest
commuter railroad network in North America, serving more than
500,000 riders every weekday. The M-7 stainless steel carbodies
will be manufactured at Bombardier's La Pocatiere, Quebec plant.
Final manufacturing and assembly will take place at its
Plattsburgh, New York, facility.
In Italy, the EU11 locomotives will be homologated for freight
transportation and to operate at a maximum speed of 140 Km/h. The
EU11 is a multipurpose locomotive with a maximum power of 6 MW
suitable to pull both passenger coaches and freight wagons.
Several Bombardier sites will participate in their design and
production: Vado Ligure, Italy; Wroclaw, Poland and Mannheim,
Germany. Since 1999, Bombardier has received from Trenitalia
orders for 240 3.5 MW electric locomotives (Class E464), and 20
dual-voltage, 6MW electric locomotives for cross-border traffic
(Class E412). Over 100 of these locomotives are already in
commercial operation.
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 signalling equipment and
systems.
Bombardier Inc., a diversified manufacturing and services company,
is a world leading manufacturer of business jets, regional
aircraft, rail transportation equipment and motorized recreational
products. It also provides financial services and asset management
in business areas aligned with its core expertise. Headquartered
in Montreal, Canada, the Corporation has a workforce of some
80,000 people in 24 countries throughout the Americas, Europe and
Asia-Pacific. Its revenues for the fiscal year ended Jan. 31, 2002
stood at $21.6 billion Cdn (15.6 billion Euros). Bombardier trades
on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM
and BBDd.F).
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