Bombardier Receives $63 Million Cdn Order for Electric Multiple Units in Switzerland.Business Editors MONTREAL--(BUSINESS WIRE)--Dec. 12, 2001 The consortium comprised of Bombardier Transportation Bombardier Transportation is the rail equipment division of the Bombardier group. Bombardier Transportation is the world’s largest company in the rail equipment manufacturing and servicing industry. Its headquarters are in Berlin. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :BBD BBD In currencies, this is the abbreviation for the Barbados Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. .A) (TSE:BBD.B) and Alstom Transport was awarded a contract by BLS See Bureau of Labor Statistics. Lotschbergbahn AG in Switzerland for the supply of 18 three-car electric multiple units (EMUs). The total contract value is approximately $90 million Cdn (64 million euros) and the share of Bombardier Transportation is approximately $63 million Cdn (45 million euros). Deliveries of the vehicles are scheduled to take place between June 2003 and December 2004. Bombardier will be responsible for the manufacturing of carbodies and bogies, interior fitting, final assembly, testing and commissioning. The trains will be produced in Switzerland. Alstom will supply the propulsion Propulsion The process of causing a body to move by exerting a force against it. Propulsion is based on the reaction principle, stated qualitatively in Newton's third law, that for every action there is an equal and opposite reaction. equipment. Eight NINA-trains have been in service since November 1999, mainly on the line Bern - Neufchatel, reliably covering more than 2.5 million kilometers. The NINA-type vehicles, which have an 80% low-floor section, belong to the new generation of lightweight electric motorized mo·tor·ize tr.v. mo·tor·ized, mo·tor·iz·ing, mo·tor·iz·es 1. To equip with a motor. 2. To supply with motor-driven vehicles. 3. To provide with automobiles. trains. With a maximum speed of 140 km/h and a capacity of 300 passengers - including 148 seated - the trains are ideal for service in the regional transport network of the Bern region. "We are pleased about the BLS-order which is proof of the success of the lightweight EMUs," commented Robin Schweitzer, President, Regional & Commuter, Bombardier Transportation. "We are convinced that the new NINA-type trains will add to the appeal of the regional transport in the Bern region." 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 The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. 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. PHOTO AVAILABLE THROUGH OUR WEB SITE |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion