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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 (939)	10/30/2001 11:10:36 AM
From: Gilbert Drapeau	Read Replies (2) \| Respond to of 1177

Bombardier Receives a $42 Million Order for Freight Locomotives in Switzerland MONTREAL, QUEBEC--OCTOBER 30, 2001 - 10:32 EST Bombardier was awarded a contract by the freight division of the Swiss Federal Railways (SBB Cargo) for the delivery of 10 freight locomotives. The approximate value of the contract is $42 million Cdn (30 million euros). The locomotives, which will be running primarily on the international North-South German-Swiss corridor, are scheduled to be delivered between February 2002 and May 2002. The locomotives are custom-built for freight purposes and can thus be produced at a much more economical cost than multi-use locomotives. The German Railways (Deutsche Bahn, DB) have vehicles of the same type in service since 1998. The electric locomotives have a maximum power of 5,6 MW and can reach a maximum speed of 140 km/h. They can be used in cross-border freight traffic in countries with a line voltage of 15 or 25 kV AC. Wolfgang Toelsner, President, Locomotives and Freight, Bombardier Transportation, commented: "We are very happy about the trust that SBB Cargo has shown towards us. The standardized freight locomotive provides a cost effective solution for system crossing transit traffic." 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 revenues for its fiscal year ended Jan. 31, 2001 totalled $16.1 billion Cdn.