Bombardier Receives a $185-Million Order for Electric Multiple Units in Australia.Business Editors MONTREAL & PERTH, Australia--(BUSINESS WIRE)--May 11, 2002 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 Australian train manufacturer EDI-Rail are pleased to announce that their joint venture received an order from the Western Australian Government to build 31 three-car electric commuter trains for the southern leg of the Perth Urban Rail Development (PURD) project. The contract, valued at $372 million Cdn ($437 million Australian), includes 15 years of maintenance and the construction of a maintenance and stabling facility. Bombardier Transportation's share of the contract is approximately $185 million Cdn ($218 million Australian), including $102 million Cdn ($120 million Australian) for the vehicles and approximately $84 million ($99 million Australian) for maintenance and the construction of a maintenance facility. Deliveries are scheduled to start in mid-2004, with the last set delivered in 2006. Bombardier Transportation's scope is to design the railcars and supply propulsion and electrical systems. EDI-Rail will be supplying bodyshells and bogies. Testing and commissioning will be carried out by both companies as part of the joint venture. Assembly will be carried out at the Bombardier Transportation - EDI-Rail joint venture plant in Maryborough, Queensland Maryborough is a city located on the Mary River in South East Queensland, Australia, approximately 300 kilometres north of the state capital, Brisbane. The city is serviced by the Bruce Highway, and has a population of approximately 26,000 (2004). . Propulsion equipment will be manufactured at Bombardier Transportation's plant in Vasteras, Sweden. The tender includes an option for the manufacture and maintenance of 10 additional three-car units. These state-of-the-art electrical multiple units (EMUs), designed in Australia with modular 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. construction, will travel at 130 km/h and have a seated capacity of 236 passengers. Between 1990 and 1998, 48 two-car sets of an earlier generation of these vehicles were produced at the joint venture's Australian facilities, and delivered to the Western Australian Government Railways Commission Western Australian Government Railways Commission was the name of the former Westrail between 2000 and 2003. Western Australian Government Railways became Westrail in 1975 and continued to manage both passenger and freight rail services in Western Australia until (WAGR WAGR Windscale Advanced Gas-cooled Reactor WAGR Wilms' tumor/Aniridia/Genitourinary Anomalies - Mental Retardation Syndrome ). "These trains will provide the Western Australian public with state-of-the-art commuter transport. We are pleased that the manufacture of these vehicles will be carried out within Australia with significant local content," says Dan Osborne, Chief Country Representative of Bombardier Transportation in Australia. Jules Pleau, Vice President, Bombardier International, adds that "this new order, combined with the Vlocity trains currently in production in Victoria, reinforces Bombardier's overall presence in Australia and strengthens Bombardier Transportation's ability to pursue other activities in the region." In addition to the joint venture facility, Bombardier Transportation has a plant in Dandenong, where trains and trams have been built for Australian railways for over 25 years. Bombardier Transportation, which employs over 200 people in Australia, is currently working on manufacturing or service contracts in Queensland, New South Wales New South Wales, state (1991 pop. 5,164,549), 309,443 sq mi (801,457 sq km), SE Australia. It is bounded on the E by the Pacific Ocean. Sydney is the capital. The other principal urban centers are Newcastle, Wagga Wagga, Lismore, Wollongong, and Broken Hill. and Victoria. 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 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. recreational products. It also provides 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 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 Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. (BBD, BOM and BBDd.F). Photo Available Through Our Web Site |
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