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Gold/Mining/Energy : Bombardier, maker of planes and trains and other things -- Ignore unavailable to you. Want to Upgrade?

To: Gilbert Drapeau who wrote (847)	1/23/2001 2:05:47 PM
From: Gilbert Drapeau	Read Replies (1) \| Respond to of 1177

Bombardier Receives an Order for 18 Vehicles in Minneapolis, USA MONTREAL, QUEBEC--JANUARY 23, 2001 - 14:00 EST Bombardier Transportation has been awarded a contract from Minneapolis Metropolitan Council for the production and delivery of 18 low floor Light Rail Vehicles with options for 24 more vehicles. The value of the contract is Cdn$83,6 millions (US$56 million). Should all the options be exercised, the total order would amount Cdn$170,3 millions (US$112.4 million). The Hiawatha Corridor Light Rail, with a length of 19.5 km (12.2 mi) and 15 stations, connects three of the Twin Cities most popular destinations: downtown Minneapolis, Minneapolis/ St. Paul International Airport and the Mall of America in Bloomington. The design of the vehicles will be developed by Bombardier Transportation LRV Center of Expertise for America - located in Mexico- incorporating the best practices and technology achieved by Bombardier in both sides of the Atlantic. Bombardier Transportation's facility based in Sahagun, Mexico, will be responsible for manufacturing the carshells, while the Barre, Vermont's facility will be involved in the final assembly and static testing of the cars. Dynamic testing and commissioning will be done at the customer's facilities in Minneapolis. Bombardier Transportation, a world leader in the manufacturing of passenger rail cars, offers a full range of urban, suburban and intercity vehicles as well as complete rail transit systems worldwide. It also manufactures freight cars and provides operations and maintenance services. Bombardier Inc., a diversified manufacturing and service company, is a world leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized recreational products. It is also a provider of financial services and asset management. The Corporation employs 56,000 people in 12 countries in North America, Europe and Asia, and more than 90% of its revenues are generated outside Canada. Bombardier's revenues for its fiscal year ended Jan. 31, 2000 totalled $13.6 billion. PHOTO AVAILABLE VIA OUR WEB SITE