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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 (1009)	6/25/2002 3:33:10 PM
From: Gilbert Drapeau	Read Replies (1) \| Respond to of 1177

Bombardier Wins a $32 Million order for the Refurbishment of Passenger Coaches for the UK MONTREAL, QUEBEC--JUNE 25, 2002 - 10:04 EDT Bombardier Transportation has been awarded a contract for the heavy maintenance and refurbishment of 75 passenger coaches operated by a UK train operating company, Chiltern Railways. The total value of the contract is approximately $32 million Cdn (pounds sterling 14 million). Deliveries of the refurbished coaches are scheduled to take place between September 2002 and December 2004. The Bombardier Transportation facility located in Ilford in the UK will be responsible for the refurbishment of the Class 165 vehicles, including full vehicle repaint and interior enhancements to the vehicles. Andrew Lezala, President of Bombardier Transportation, Services said: "By working in close partnership with our customer we have been able to give an affordable new lease of life to trains that have already given many years of service. Chiltern passengers will now get a much improved 'new train' level of comfort." Bombardier Transportation, Services offers a complete range of operations and maintenance services to operators, meeting the rapidly changing needs of the rail industry worldwide. The refurbishment and re-engineering of vehicles and systems represents another facet of its support activities, offering extended life to existing rolling stock. Bombardier has a major presence in the UK, employing close to 12,000 people across the country, of which 5,200 work for Bombardier Transportation. As well as manufacturing capability at the Derby and Wakefield sites, Bombardier Transportation has refurbishment, maintenance and overhaul centres at Crewe, Central Rivers, Chart Leacon, Ilford, Croydon and 13 other locations throughout the UK. 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. Bombardier trades on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).