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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 (1107)5/28/2003 9:49:46 AM
From: Gilbert Drapeau  Respond to of 1177
 
Bombardier Receives Additional $227-Million Order for
Regional Trains From Deutsche Bahn in Germany

MONTREAL, QUEBEC--MAY 28, 2003 - 09:05 ET
A consortium comprised of Bombardier
Transportation and Alstom LHB has received an order from Deutsche
Bahn for the supply of 60 additional four-car regional trains
class 423. This follow-on order is valued at approximately $342
million Cdn (210 million euros), and the share of consortium
leader Bombardier Transportation is approximately $227 million
Cdn (139 million euros). Vehicle delivery is scheduled to start
in May 2004. Deutsche Bahn intends to use these trains in S-Bahn
operation.

The propulsion equipment and bogies, interior fitting, final
assembly, testing and commissioning will be provided by
Bombardier Transportation from its sites in Hennigsdorf and
Siegen, Germany and by Alstom from its site in Salzgitter, also
in Germany. The carbodies will be built by Alstom in Salzgitter,
and the electrical equipment will be supplied by Bombardier's
plant in Mannheim, Germany.

The vehicles of class 423, which are part of the new generation
of electric multiple units, have a modular design. They will
gradually replace the class 420 vehicles, which have been in
service for some 30 years. In addition to their sleek design and
modern technology, the trains also meet the latest environmental
standards. "Their consistent lightweight construction," explained
Olof Persson, President, Regional & Commuter, Bombardier
Transportation, "makes them 30 tons lighter than the predecessor
vehicles, which saves propulsion energy. In addition, the braking
energy is being fed back into the traction network."

This new order brings to 456 the number of trains of this type
ordered by Deutsche Bahn to date. More than 300 of these trains
have already been delivered.

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 75,000 people and manufacturing facilities in
25 countries throughout the Americas, Europe and Asia-Pacific.
Its revenues for the fiscal year ended Jan. 31, 2003 stood at
$23.7 billion Cdn. Bombardier shares are traded on the Toronto,
Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F



To: Gilbert Drapeau who wrote (1107)5/29/2003 11:48:37 AM
From: Gilbert Drapeau  Respond to of 1177
 
Bombardier Introduces Two New Two-Seater ATVs

VALCOURT, QUEBEC--MAY 29, 2003 - 11:27 ET
Bombardier Recreational Products is the first
and only manufacturer to offer a full line-up of ATVs designed
for two riders, following the introduction of two new models, the
Quest(TM) MAX 650 and the Outlander(TM) MAX 400H.O. 4X4.

Prior to last summer's launch of the Bombardier Traxter(R) MAX,
the world's first super-duty, two-seater quad built to handle all
utility applications, ATVs were designed only for single rider
use. The reaction to the all-utility Traxter MAX exceeded
expectations in this untapped market, proving that ATV riders
want to enjoy the same two-up benefits Ski-Doo(R) snowmobile and
Sea-Doo(R) watercraft riders have experienced for years.

"By adding the MAX concept to two award-winning Bombardier(R)
ATVs, the Quest and the Outlander, Bombardier now offers
consumers three outstanding choices to accommodate two riders
with utility and recreational needs," said Chris Dawson, Vice
President Marketing, Snowmobiles, Watercraft and ATV.

With its 644 cc Rotax(R) 4-TEC(TM) CVT engine, the new Quest MAX
650 is a two-rider ATV tough enough to handle utility
applications and versatile enough to provide hours of
recreational fun. The clutching of its 'continuously variable
transmission' (CVT) is calibrated to provide quicker, smoother
acceleration engagement, producing a 'get-on-and-go' ride much
like that found on a Ski-Doo snowmobile. It also provides
exceptional off-throttle engine braking to assist in stopping.
The Quest MAX 650's semi step-through design allows effortless
access to the engine compartment, while also allowing easier
mounting and dismounting. The Quest MAX 650 shares Bombardier
Traxter MAX benefits such as the full-time 4WD Visco-Lok+
Optimized Traction system, the rear-mounted radiator, the large
up-front storage compartment, and the "Park" position.

For consumers who want an ATV for their recreational activities,
the Bombardier Outlander MAX 400H.O. 4X4 doubles the fun by
allowing two passengers to experience their adventures together.
The versatile Outlander MAX 400H.O. 4X4 can also be converted
into a one-seater with extra cargo space, by using the optional
new modular seat and rack system, which extends the rear rack
quickly and easily.

The Outlander MAX 400H.O. 4X4 shares the best features and
advanced technologies of the award-winning Outlander 400H.O. 4X4.
The innovative TTI(TM) (Trailing Torsional Independent) rear
suspension provides superior two-up ride comfort over a broad
range of terrain and conditions. Meanwhile, Bombardier's
revolutionary SST(TM) (Surrounding Spar Technology) one-piece
perimeter steel frame benefits two-up riding by providing greater
strength, structural integrity, better engine protection and
superior power-to-weight ratio. The SST frame also delivers a
narrower bottom profile "runner", whose "slide and glide" action
allows the Outlander MAX 400H.O. 4X4 to virtually "ski" across
obstacles without getting bogged down. Outlander MAX 400H.O. 4X4
has a CVT (Continuously Variable Transmission) automatic
transmission and offers such passenger amenities as raised
floorboards, an integrated ergonomic backrest and hand holds.

Bombardier Recreational Products designs, develops, builds,
distributes and markets utility vehicles, Rotax(R) engines and
karts, Ski-Doo(R) and Lynx(R) snowmobiles, Bombardier(TM) ATVs,
Sea-Doo(R) watercraft and sport boats, Johnson(R) and Evinrude(R)
outboard engines, as well as Evinrude direct injection and
Evinrude E-TEC(TM) technologies.

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 75,000 people and manufacturing facilities in
25 countries throughout the Americas, Europe and Asia-Pacific.
Its revenues for the fiscal year ended Jan. 31, 2003 stood at
$23.7 billion Cdn. Bombardier shares are traded on the Toronto,
Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).

(R),(TM) Trademarks of Bombardier Inc. or its subsidiaries.

+ Visco-Lok is a trademark of GKN Viscodrive GmBH.



To: Gilbert Drapeau who wrote (1107)6/4/2003 4:10:54 PM
From: Gilbert Drapeau  Respond to of 1177
 
Bombardier Celebrates Production of 1000th R142 Rapid
Transit Car for New York City Transit

PLATTSBURGH, NEW YORK--JUNE 4, 2003 - 15:46 ET
Bombardier Transportation today moved the
1000th R142 rapid transit vehicle off its production line for
delivery to the MTA New York City Transit (NYCT). Representatives
from NYCT, local dignitaries and more than 700 employees at
Bombardier Transportation's Plattsburgh manufacturing facility
participated in a commemorative event marking this major
milestone in one of the largest rapid transit car manufacturing
projects ever carried out in North America.

Bombardier Transportation is building 1,030 R142 cars for
MTA/NYCT based on orders and exercised options valued at $1.9
billion Cdn ($1.3 billion US). The original order for design,
manufacture and delivery of 680 R142 cars was signed in July
1997. Upon completion of the full order, Bombardier
Transportation will have provided, since 1982, a total of 1,855
cars to NYCT or about a third of the New York City subway fleet.

"The R142 is service-proven technology that significantly raises
the standard for rapid transit vehicles in terms of comfort,
efficiency and performance," said William Spurr, President,
Bombardier Transportation - North America. "We are proud to be
delivering that kind of impact on such a grand scale to the
largest passenger rail system in the United States."

The R142 cars, which are customized to NYCT specifications,
represent some of the most advanced in-service systems for AC
propulsion and dynamic braking, trucks, friction brakes, doors
and on-board diagnostics, status and communications systems. The
cars also feature advancements in passenger comfort and safety,
such as digital electronic signage, an automatic public
announcement system, an emergency passenger intercom system
connected to the operator, and a sophisticated climate control
system.

Carbody shells for the R142 are constructed at Bombardier
Transportation's La Pocatiere, Quebec manufacturing plant with
final assembly and testing activities taking place at facilities
in Plattsburgh, New York.

In North America, Bombardier Transportation is the leader in
high-speed rail, commuter rail, automated rapid transit and
automated guideway transit systems. It also maintains two of the
largest multi-level commuter fleets in Canada and the United
States.

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 75,000 people and manufacturing facilities in
25 countries throughout the Americas, Europe and Asia-Pacific.
Its revenues for the fiscal year ended Jan. 31, 2003 stood at
$23.7 billion Cdn. Bombardier shares are traded on the Toronto,
Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).

NOTE TO EDITORS: A photo is available on our Website at the
following address:
transportation.bombardier.com



To: Gilbert Drapeau who wrote (1107)6/10/2003 8:45:05 PM
From: Gilbert Drapeau  Read Replies (3) | Respond to of 1177
 
Bombardier Inc. Dividends

MONTREAL, QUEBEC--JUNE 10, 2003 - 14:38 ET
The Board of Directors of Bombardier Inc. has
declared the following dividends:

Class A and Class B Shares

A dividend of $0.0225 per share on Class A shares (multiple
voting) and of $0.0225 per share on Class B shares (subordinate
voting) is payable on July 31, 2003 to the shareholders of record
at the close of business on July 18, 2003.

Holders of Class B shares (subordinate voting) of record at the
close of business on July 18, 2003, who have a right to a
priority dividend at the rate of $0.0015625 per share per year,
payable in quarterly instalments of $0.000390625, will receive
the second instalment of $0.000390625 per share on July 31, 2003.

Series 3 Preferred Shares

A quarterly dividend of $0.34225 per share on the Series 3
Preferred Shares is payable on July 31, 2003 to the shareholders
of record at the close of business on July 18, 2003.

Series 4 Preferred Shares

A quarterly dividend of $0.390625 per share on the Series 4
Preferred Shares is payable on July 31, 2003 to the shareholders
of record at the close of business on July 18, 2003.

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 75,000 people and manufacturing facilities in
25 countries throughout the Americas, Europe and Asia-Pacific.
Its revenues for the fiscal year ended Jan. 31, 2003 stood at
$23.7 billion Cdn. Bombardier shares are traded on the Toronto,
Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).



To: Gilbert Drapeau who wrote (1107)6/10/2003 8:48:40 PM
From: Gilbert Drapeau  Respond to of 1177
 
Bombardier Announces Sale of its Military Aviation
Services Unit

MONTREAL, QUEBEC--JUNE 10, 2003 - 08:01 ET
Bombardier Inc. today announced the sale of its
Military Aviation Services (MAS) unit to Spar Aerospace Limited,
a subsidiary of New York-based L-3 Communications Corporation,
for a total consideration of $90 million US. L-3's Canadian
presence was established in 2001 when it purchased SPAR
Aerospace. MAS was part of Bombardier's Defence Services business
and was earmarked for divestiture as part of Bombardier's
recapitalization program, which was announced on April 3, 2003.
BMO Nesbitt Burns acted as Bombardier's financial advisors for
this transaction.

The transaction is subject to the approval of all appropriate
regulatory authorities and to other consents from government
bodies in Canada and the U.S.

The MAS division of Bombardier's Defence Services business, which
employs approximately 950 people, provides maintenance, repair,
overhaul and a full range of technical services for military
aircraft, from systems engineering to aircraft modification, and
generated revenues of approximately $125 million Cdn in fiscal
year 2003. MAS has been the prime contractor for CF-18
maintenance since 1986. MAS main facilities are located in
Mirabel, Quebec and Bridgeport, West Virginia.

Bombardier's Defence Services business was comprised of MAS and
Military Aviation Training (MAT). The divestiture process of MAT
is ongoing.

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 75,000 people and manufacturing facilities in
25 countries throughout the Americas, Europe and Asia-Pacific.
Its revenues for the fiscal year ended Jan. 31, 2003 stood at
$23.7 billion Cdn. Bombardier shares are traded on the Toronto,
Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).