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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 (924)9/19/2001 3:34:06 PM
From: CIMA  Read Replies (1) | Respond to of 1177
 
Took the plunge and picked up 1,000 shares at $12.90. Hopefully the market carnage will end soon and we'll start heading back up to more respectable levels.



To: Gilbert Drapeau who wrote (924)9/20/2001 10:14:10 AM
From: Gilbert Drapeau  Read Replies (3) | Respond to of 1177
 
Bombardier Receives Order for 240 Electrostar Cars for
the UK

MONTREAL, QUEBEC-SEPTEMBER 20, 2001 - 09:20 EDT
-Bombardier Transportation announced that it has
confirmed an order with GOVIA for the supply of 240 Electrostar
electrical multiple units to replace slam door trains on key South
Central routes in the UK. The order is valued at approximately
Cdn$465 million (325 million euros).

This announcement brings the total number of Electrostar units
ordered to date in the UK to 906 cars. Firm orders and options on
hand currently amount to 1742 cars.

President of Bombardier Transportation, Europe, Intercity Trains,
Rik Dobbelaere, commented: "I am delighted that GOVIA has shown
confidence in our Electrostar product, which is already proving
very successful and popular with the travelling public in the
South of England. I look forward to a long and fruitful
partnership with GOVIA for the very important South Central
network."

The air-conditioned Electrostar units will be manufactured at
Bombardier Transportation's production facility in Derby, UK.
Bombardier's plant in Vasteras, Sweden will provide propulsion,
train control and communications. Deliveries are scheduled to
start in 2002. Gangwayed and carpeted throughout, the new trains
will offer a high level of amenity, security and passenger
comfort, as well as increased capacity.

GOVIA, which is a UK-based holding company jointly owned by the
Go-Ahead Group plc and Keolis of France, completed the acquisition
of Connex South Central Limited in August 2001. Since then, it
has taken over the management and running of the South Central
franchise.

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 and its revenues for its
fiscal year ended Jan. 31, 2001 totalled Cdn$16.1 billion.

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