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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 (1075)	2/3/2003 10:14:41 AM
From: Gilbert Drapeau	Respond to of 1177

Bombardier Receives From SNCF a $394-Million Order For Additional AGC High-Capacity Trains to Be in Service in Different French Regions MONTREAL, QUEBEC--FEBRUARY 3, 2003 - 09:32 EST Bombardier Transportation has received an additional order for 73 high-capacity trains type AGC (Autorail Grande Capacite) from the French National Railways (SNCF), valued at approximately $394 million Cdn (240 millions Euros). The SNCF represents the French regions in this transaction. The trains will be delivered between November 2006 and November 2007. Bombardier will build these AGC trains at its Crespin plant, in the Valenciennes region in France. This is a follow-on order to a contract awarded to Bombardier by SNCF in December 2001, for the supply of 500 AGC trains to the French Regions. That contract included an initial firm order for 192 trains. This additional order brings to 265 the number of AGC trains ordered to date by SNCF. The AGC is available in numerous versions. The seating capacity of the trains can range from 160 to 220 seats, depending on the number of cars. Modular interior design exists in the High Class and Intercity versions. The trains can run on either diesel fuel, electricity or a combination of the two. The AGC will travel at a maximum speed of 160 km per hour. Thanks to its articulated architecture, it sports wide carbodies and inter-circulation gangways, as well as a continuous low floor. These features provide excellent access for travellers, make it easier to move about in the trains and deliver greater comfort, visibility, and security. Bombardier Transportation's Executive Vice President Jacques Lamotte commented on the occasion, "This announcement confirms the momentum of the AGC contract we signed in December 2001. We are proud of the trust SNCF and French regional authorities have invested in Bombardier, and wish to assure them that our staff at Crespin is wholeheartedly dedicated to driving this project through to successful completion". Bombardier Transportation in France operates primarily at its Crespin site in the Valenciennes region, where it employs more than 1,800 people. In the French market, Bombardier Transportation participates in all TGV programs and manufactures a wide range of rolling stock for public transport. Among these products are the MF 88 and MF 2000 vehicles for the Paris metro, the Strasbourg, Nantes and Saint-Etienne tramways, the Nancy and Caen trams-on-tires, the recent vehicles for the RER network and the TER2N NG regional transport railcars. Bombardier Transportation is the global leader in the rail equipment manufacturing and servicing industry. Its wide range of products includes passenger rail cars and total transit systems. It also manufactures locomotives, freight cars, propulsion & controls and provides rail control solutions. 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). PHOTO AVAILABLE ON OUR WEBSITE