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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 (1107)6/4/2003 4:10:54 PM
From: Gilbert Drapeau   of 1177
 
Bombardier Celebrates Production of 1000th R142 Rapid
Transit Car for New York City Transit

PLATTSBURGH, NEW YORK--JUNE 4, 2003 - 15:46 ET
Bombardier Transportation today moved the
1000th R142 rapid transit vehicle off its production line for
delivery to the MTA New York City Transit (NYCT). Representatives
from NYCT, local dignitaries and more than 700 employees at
Bombardier Transportation's Plattsburgh manufacturing facility
participated in a commemorative event marking this major
milestone in one of the largest rapid transit car manufacturing
projects ever carried out in North America.

Bombardier Transportation is building 1,030 R142 cars for
MTA/NYCT based on orders and exercised options valued at $1.9
billion Cdn ($1.3 billion US). The original order for design,
manufacture and delivery of 680 R142 cars was signed in July
1997. Upon completion of the full order, Bombardier
Transportation will have provided, since 1982, a total of 1,855
cars to NYCT or about a third of the New York City subway fleet.

"The R142 is service-proven technology that significantly raises
the standard for rapid transit vehicles in terms of comfort,
efficiency and performance," said William Spurr, President,
Bombardier Transportation - North America. "We are proud to be
delivering that kind of impact on such a grand scale to the
largest passenger rail system in the United States."

The R142 cars, which are customized to NYCT specifications,
represent some of the most advanced in-service systems for AC
propulsion and dynamic braking, trucks, friction brakes, doors
and on-board diagnostics, status and communications systems. The
cars also feature advancements in passenger comfort and safety,
such as digital electronic signage, an automatic public
announcement system, an emergency passenger intercom system
connected to the operator, and a sophisticated climate control
system.

Carbody shells for the R142 are constructed at Bombardier
Transportation's La Pocatiere, Quebec manufacturing plant with
final assembly and testing activities taking place at facilities
in Plattsburgh, New York.

In North America, Bombardier Transportation is the leader in
high-speed rail, commuter rail, automated rapid transit and
automated guideway transit systems. It also maintains two of the
largest multi-level commuter fleets in Canada and the United
States.

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 75,000 people and manufacturing facilities in
25 countries throughout the Americas, Europe and Asia-Pacific.
Its revenues for the fiscal year ended Jan. 31, 2003 stood at
$23.7 billion Cdn. Bombardier shares are traded on the Toronto,
Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).

NOTE TO EDITORS: A photo is available on our Website at the
following address:
transportation.bombardier.com
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