Bombardier Receives Additional Order From NJ TRANSIT for 131 Multi-Level Commuter Cars.MONTREAL -- 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. announced today that NJ TRANSIT has exercised options for 131 additional multi-level vehicles. The exercised options are valued at approximately $206 million US (171 million euros). Deliveries of the cars are scheduled to take place between June 2007 and August 2008. The new cars will carry commuters between New Jersey and the heart of Manhattan. With these options, Bombardier now has firm orders for 231 multi-level vehicles to increase train system capacity on NJ TRANSIT's lines. Total value of the firm orders received since the announcement of the contract in 2002 is approximately $457 million US. Should all remaining options be exercised, the entire contract would total 276 vehicles and be valued at $525 million US. The first multi-level car from the 2002 contract was unveiled to the press on September 14 at Newark's Penn Station. William Spurr, President, Bombardier Transportation, North America commented: "This new order is a further proof of NJ TRANSIT's confidence in our vehicles. These new cars are being custom designed for NJ TRANSIT, and include direct input from NJ TRANSIT daily customers.It was evident at the unveiling ceremony that riders appreciate the features of this new car scheduled to enter in revenue service toward the end of 2006." The stainless steel stainless steel: see steel. stainless steel Any of a family of alloy steels usually containing 10–30% chromium. The presence of chromium, together with low carbon content, gives remarkable resistance to corrosion and heat. carbodies will be manufactured at Bombardier's manufacturing site in La Pocatiere, Quebec, with final assembly taking place at the Plattsburgh, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of facility. NJ TRANSIT is an established customer of Bombardier. Over the years, Bombardier has supplied over 300 Comet II, III and IV push-pull commuter cars to the Transit Authority, some of which have been in service for over twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. , as well as 29 ALP-46 electric locomotives. Recent deliveries of Bombardier products into the New York/New Jersey region include M-7 electric multiple units (EMU) to MTA/Metro-North Railroad and MTA/ Long Island Rail Road, the AirTrain JFK automated transit system at JFK International Airport, NJ TRANSIT's RiverLINE light rail transit The name Light Rail Transit is used by the following specific light rail systems, either as an official name or otherwise:
About Bombardier A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2005 were $15.8 billion US and its shares are traded on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (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. ). News and information are available at www.bombardier.com. Note to editors A photo is available on our website at the following address http://www.transportation.bombardier.com/photography.jsp BOMBARDIER TRANSPORTATION (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :BBD.MV.A) (TSX:BBD.SV.B) |
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