Bombardier to Pursue Discussions to Preserve Jobs at German-Based Ammendorf and Vetschau Sites.Business Editors BERLIN--(BUSINESS WIRE)--Jan. 18, 2002 Bombardier (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.) The Supervisory Board Supervisory board The board of directors that represents stakeholders in the governance of the corporation. meeting of DWA DWA DreamWorks Animation (stock symbol) DWA Domino Web Access DWA Desert Water Agency (US) DWA Data Warehouse Administrator DWA Designated Waiting Area DWA Dynamic Wavelength Allocation Deutsche Waggonbau GmbH scheduled for Monday, January 21st, 2002 has been postponed to a date to be determined, in early February. This decision has been made in light of the intensive discussions which are taking place with interested parties aimed at preserving jobs at the two German manufacturing sites - Ammendorf and Vetschau - where rolling stock rolling stock Any of various readily movable transportation equipment such as automobiles, locomotives, railroad cars, and trucks. Rolling stock generally makes good collateral for loans because the equipment is standardized and easily transportable among and bogies manufacturing are planned to be discontinued under the European Manufacturing Network Strategy. On November 13th, 2001, 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 its European Manufacturing Network Strategy which aims at concentrating in a few locations across Europe specialized activities such as carbody and bogies manufacturing while retaining an extensive network of dedicated plants for vehicle assembly and refurbishment. Once completed, the plan foresees that nine (9) of twenty-five (25) manufacturing plants spread across fourteen (14) European countries will be located in Germany. Moreover, Bombardier Transportation has indicated that, in accordance with this strategy, it expects that, in 2003, the level of manufacturing employment in Germany should be superior to current levels, due in part to the large number of orders for customers in other countries to be completed in its German plants. With its eleven (11) plant locations, Bombardier Transportation has by far the largest rail equipment manufacturing network in Germany. 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 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 is also a provider of financial services 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 totaled $16.1 billion Cdn. |
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