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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 (988)	5/3/2002 9:41:10 AM
From: Gilbert Drapeau	Read Replies (1) \| Respond to of 1177

Bombardier Wins Rail Transportation Orders in the United States and Italy for a Total Value of $1.13 Billion Cdn MONTREAL, QUEBEC--MAY 3, 2002 - 06:00 EDT Bombardier Transportation has been simultaneously awarded orders for rail transportation equipment in North America and in Europe for a total value of approximately $1.13 billion Cdn. The North American order was received from Long Island Rail Road (LIRR) in the United States for the supply of commuter rail cars while the European order was awarded by Trenitalia of Italy for electric locomotives. The order awarded by LIRR is for the supply of 352 M-7 electrical multiple unit (EMU) commuter rail cars. It is valued at approximately $941 million Cdn. This order, which follows a contract awarded in 1999, brings to 678 units the number of M-7 cars ordered by LIRR. Bombardier Transportation was also awarded a contract by Trenitalia (Italian State Railways) for the supply of 42 electric locomotives Class EU11. The contract is valued at approximately $188 million Cdn. In the United States, the new M-7 commuter cars will be used to replace the electric commuter car fleets for both Metropolitan Transportation Authority (MTA) commuter railroad agencies, the Long Island Rail Road (LIRR) and Metro-North Commuter Railroad (MNCR). The MTA commuter agencies together are the largest commuter railroad network in North America, serving more than 500,000 riders every weekday. The M-7 stainless steel carbodies will be manufactured at Bombardier's La Pocatiere, Quebec plant. Final manufacturing and assembly will take place at its Plattsburgh, New York, facility. In Italy, the EU11 locomotives will be homologated for freight transportation and to operate at a maximum speed of 140 Km/h. The EU11 is a multipurpose locomotive with a maximum power of 6 MW suitable to pull both passenger coaches and freight wagons. Several Bombardier sites will participate in their design and production: Vado Ligure, Italy; Wroclaw, Poland and Mannheim, Germany. Since 1999, Bombardier has received from Trenitalia orders for 240 3.5 MW electric locomotives (Class E464), and 20 dual-voltage, 6MW electric locomotives for cross-border traffic (Class E412). Over 100 of these locomotives are already in commercial operation. 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 signalling equipment and systems. 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 80,000 people in 24 countries throughout the Americas, Europe and Asia-Pacific. Its revenues for the fiscal year ended Jan. 31, 2002 stood at $21.6 billion Cdn (15.6 billion Euros). Bombardier trades on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F). PHOTO AVAILABLE VIA OUR WEBSITE