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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 (1067)1/10/2003 11:51:25 AM
From: Gilbert Drapeau  Read Replies (1) of 1177
 
Bombardier Receives Additional Order for Electric
Locomotives and Double-Deck Coaches in Germany

MONTREAL, QUEBEC--JANUARY 10, 2003 - 07:00 EST
Bombardier Transportation has received an order
from the Local Transport Authority of Lower Saxony (LNVG) in
Germany for the delivery of another 40 double-deck coaches and
eight locomotives, including their maintenance for 15 years. The
contract is valued at approximately $212 million Cdn (130 million
Euros). This order brings to 106 the number of double-deck
coaches, and to 18 the number of locomotives ordered by LNVG from
Bombardier Transportation since January 2002. The trains are
scheduled to be delivered between July and October 2005.

The electric locomotive of the class 146.1 is a further
development of the freight locomotive, class 185, and has been
specifically designed for local and regional transport. For
instance, the train's destination is indicated in a display
across both front windows. Other features include a passenger
information system and a door control function. The locomotive's
maximum speed of 160 km/h makes it also suitable for regional
express transport. The vehicles will be manufactured at
Bombardier's facility in Kassel, Germany.

The 40 state-of-the-art double-deck coaches feature first and
second class compartments and are being produced both as cab cars
and as trailer cars. All vehicles will be produced at
Bombardier's plant in Gorlitz, Germany where more than 1000
double-deck coaches have already been produced for Deutsche Bahn.
The Bombardier double-deck trains are very popular worldwide and
successfully in service for local and regional transport in the
Netherlands, Denmark, Switzerland and Israel.

Jurgen Fleischer, President Regional & Commuter, Bombardier
Transportation, pointed out: "This follow-on order for
double-deck cars and locomotives is further proof of our
competence to build complete regional trains. We are convinced
that the new vehicles will provide an additional boost to the
local and regional transport in Lower Saxony."

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