SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Bombardier, maker of planes and trains and other things

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gilbert Drapeau who wrote (1040)9/19/2002 10:37:48 AM
From: Gilbert Drapeau  Read Replies (1) of 1177
 
Bombardier Receives a $171-Million Order for Freight
Locomotives in Switzerland

MONTREAL, QUEBEC--SEPTEMBER 19, 2002 - 09:48 EDT
Bombardier confirms that it was awarded a
contract by the freight division of the Swiss Federal Railways
(SBB Cargo AG) for the delivery of 40 freight locomotives, based
on the vehicles that are already in service in Germany. The
approximate value of the contract is $171 millions Cdn (111
million euros). The locomotives, which will be running primarily
on the international North-South German-Swiss corridor, are
scheduled to be delivered between December 2002 and March 2005.

The locomotives have been designed to meet the requirements of
international freight transport and can thus be produced more
cost-efficiently than multi-purpose locomotives. The German
Railways (Deutsche Bahn, DB) have ordered vehicles of the same
type in 1998. The electric locomotives have a maximum power of 5,6
MW and can reach a maximum speed of 140 km/h. They can be used in
cross-border freight traffic in countries with a line voltage of
15 or 25 kV AC.

Wolfgang Toelsner, President, Bombardier Transportation,
Locomotives and Freight, commented: "This locomotive type has
successfully run more than one million kilometres, thus proving
its extreme reliability both in Germany and Switzerland. With a
maximum performance, quality and efficiency for our customers we
contribute to shifting the freight transport from road to rail."

SBB Cargo AG has already ten locomotives of the same type in
service in Switzerland. More than 100 vehicles of this type are
already in service with various European operators.

The new locomotive type Re 482 is a dual-system vehicle that can
be operated both on the Swiss and on the German network, making
the locomotive change-over at the border unnecessary. It also
meets the Swiss clearance parameters.

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

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. Bombardier trades on the Toronto,
Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).

PHOTO AVAILABLE VIA OUR WEBSITE
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext