Bombardier to Supply Subway Cars for Toronto.SAINT-BRUNO, Quebec--(BUSINESS WIRE)--June 3, 1998--(ME: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 See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :BBD.A.) (ME:BBD.B.) (TSE:BBD.B.) The Toronto Transit Commission (TTC TTC Trying To Conceive TTC Toronto Transit Commission TTC Trans Texas Corridor TTC Toutes Taxes Comprises (French) TTC Trident Technical College (North Charleston, SC) TTC Temporary Traffic Control ) received funding authority today to award an order to 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. for the manufacture and supply of 156 T1 subway cars. Valued at CAN $308 million, the order represents the exercise of options under a contract signed in December 1992, for 216 state-of-the-art T1 subway cars, of which 112 have already been delivered. These cars incorporate innovative features such as alternate current propulsion technology. The vehicles will be produced at Bombardier's facilities located in Thunder Bay Thunder Bay, city (1991 pop. 113,946), SW Ont., Canada, on Thunder Bay inlet of Lake Superior. The city was created in 1970 by the amalgamation of the twin cities of Fort William and Port Arthur and two adjoining townships. , Ontario, and deliveries are expected to begin in September 1999. The delivery of these new vehicles will bring the total number of cars manufactured by Bombardier for Toronto Transit Commission to 372 units. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Michel Baril, Bombardier Transportation President of Mass Transit mass transit, public transportation systems designed to move large numbers of passengers. Types and Advantages Mass transit refers to municipal or regional public shared transportation, such as buses, streetcars, and ferries, open to all on a -- North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , "The T1 subway cars were designed and developed to meet TTC's high standards for quality and reliability. Bombardier is extremely proud of the innovative product developed for TTC so reliable service and added comfort can be provided to its users. Above all, we are honored to be the subway car supplier to this important transit agency and thus have the opportunity to strengthen the good business relationship we have already established with TTC." A world leader in the manufacturing of passenger rail cars, Bombardier Transportation is responsible for all Bombardier's operations in the field of rail transportation equipment. It offers a complete range of urban, suburban and intercity vehicles as well as turnkey rail transit systems worldwide. It also manufactures freight cars and provides operations and maintenance services. Bombardier Transportation is the leading supplier of passenger rail cars in North America, where its activities are carried out by Mass Transit -- North America and Transit Systems (Canada), Bombardier Transit Corporation (USA) and Concarril (Mexico). In Europe, Bombardier Transportation operates manufacturing facilities in Austria, Belgium, the Czech Republic Czech Republic, Czech Česká Republika (2005 est. pop. 10,241,000), republic, 29,677 sq mi (78,864 sq km), central Europe. It is bordered by Slovakia on the east, Austria on the south, Germany on the west, and Poland on the north. , France, Germany, Switzerland and the United Kingdom. Bombardier Inc. is a Canadian corporation engaged in design, development, manufacturing and marketing activities in the fields of rail transportation equipment, aerospace, and recreational products. It also provides financial services and services related to its products and core competencies. The Montreal-based Corporation operates plants in Canada, the United States, Mexico, Austria, Belgium, the Czech Republic, Finland, France, Germany, Switzerland and the United Kingdom, employing 47,000 people. Bombardier's revenues for its fiscal year ended January 31, 1998 totalled 8.5 billion Canadian dollars, and more than 88 percent of its revenues are generated in markets outside Canada.
CONTACT: Bombardier Transportation
Francine Durocher Monin, 514/441-3190
http://www.transportation.bombardier.com
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