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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 (1052)	10/15/2002 8:54:44 PM
From: Gilbert Drapeau	Read Replies (1) of 1177

Bombardier Finalizes $508-Million Order for Mexico City MONTREAL, QUEBEC--OCTOBER 15, 2002 - 15:53 EDT Following last Friday's announcement of Notice of Award, Bombardier Transportation, in consortium with CAF, today finalized the contract with Mexico City's transit authority, Sistema de Transporte Colectivo-Metro (STC), for the supply of 405 subway cars for STC's Line 2. The contract is valued at approximately $761 million CAN ($478 million US) and Bombardier's share is approximately $508 million CAN ($319 million US). Delivery of the 45 trainsets, consisting of 9-car each, will start in the fall of 2004 and continue through to mid-2006. The cars will operate an STC's Line 2, which carries approximately one million passengers per day. Commenting on the order, William Spurr, President, North America, said, "we are very pleased with the outcome of this bidding process. This is our tenth year in Mexico and winning this contract reinforces our commitment to doing business in this country."

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