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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 (916)	7/5/2001 11:53:29 PM
From: Gilbert Drapeau	Read Replies (1) \| Respond to of 1177

Bombardier Receives Order for Modernization of 60 Electrical Trainsets from the Netherlands Railways MONTREAL, QUEBEC--JULY 5, 2001 - 09:18 EDT Bombardier Transportation has received an order from the Netherlands Railways (NS REIZIGERS) to overhaul and modernize 60 three-car trainsets type SGM III. The value of the contract is approximately Cdn$132 million (90 million euros). The modernization will take place at Bombardier's facilities in Randers, Denmark. The delivery will begin in the summer of 2003 and go on until the summer of 2006. The work on the trainsets includes new interiors and seats, passenger information system, new chopper system, new auxiliary power supply, CO2 controlled ventilation and new air supply system. Furthermore, an additional entrance in the middle coach will be built in, the train will be re-painted and a number of other systems will be overhauled/maintained. The purpose of NSR with this project is to extend the lifetime of the trainsets for 15 years, to introduce cost-effective solutions in operation and to improve the passenger comfort. Andrew Lezala, President of Bombardier Transportation, Services stated; "I am delighted that this most important customer has chosen Bombardier to deliver this major modernization contract. This reflects the confidence that NSR has in our company and our Danish Services team". 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 signaling equipment and systems. 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 79,000 people in 24 countries in the Americas, Europe and Asia-Pacific. Bombardier's revenues for its fiscal year ended Jan. 31, 2001 totalled $16.1 billion and more than 90% were generated outside Canada.