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CN's Transcona Shops Land Another Major Locomotive Contract.


Business Editors

WINNIPEG, MANITOBA--(BUSINESS WIRE)--March 1, 2000

Canadian National (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:CNR.) (NYSE NYSE

See: New York Stock Exchange
:CNI (1) (Certified NetWare Instructor) See Novell certification.

(2) (Coalition for Networked Information, Washington, DC, www.cni.org) A partnership of the Association of Research Libraries, CAUSE and EDUCOM, founded in 1990.
) today announced it has been awarded a major locomotive overhaul and upgrade contract. The contract was awarded by Electro-Motive Division (EMD EMD Electromechanical dissociation, see there ), a division of General Motors Corporation. The locomotives will be rebuilt for Locomotive Leasing Partners Locomotive Leasing Partners (AAR reporting marks LLPX) is the division of GATX responsible for leasing, buying, selling, and overhauling locomotives to railroads and/or industrial owners.  (LLP LLP - Lower Layer Protocol ) of San Francisco. The work will be performed at CN's Transcona Shops, in Winnipeg.

"The skill and experience of Transcona Shop employees speaks for itself," said Dennis Waller, CN's vice-president, Engineering and Mechanical. "Our skilled tradespersons are able to do high-quality work for major rail equipment upgrade suppliers, which is why we were awarded this major contract."

The Transcona Shops will completely rebuild 24 GP38-2 locomotives. These locomotives were acquired from the U.S.- based Long Island Railroad. Once they have been upgraded, these locomotives will be leased to another railroad customer.

Approximately 90 employees have been assigned to the locomotive upgrade program. The work includes modernizing the locomotive cabs, electrical systems, diesel engines and traction systems. The locomotives will also be completely repainted and equipped with new dynamic braking systems. LLP will take delivery of the first upgraded locomotive in April. The remaining locomotives will be delivered at the approximate rate of one a week throughout 2000.

"The North American market for upgraded rail equipment is growing, and we know our Transcona Shops can deliver a top-quality and competitively-priced product," Waller said. "This is why we are making a major effort to land contracts such as this for Transcona. We plan to develop more ties with rail industry suppliers that can provide Transcona with a substantial volume of work."

This is the second major contract that is awarded to the Transcona Shops. In 1999, more than 100 employees overhauled and upgraded 24 GP38 locomotives to GP38-2 configuration over a seven-month period.

Transcona is one of CN's largest rolling stock maintenance facilities, employing close to 750 people. Transcona has four main shops specializing in cars, locomotives, traction motors and wheels.

Canadian National Railway Company Canadian National Railway Company (NYSE: CNI, TSX: CNR) is a Canadian rail transportation company that operates the Canadian National Railway. It was created in December, 1918 as a Crown corporation of the Government of Canada to nationalize several bankrupt rail systems  spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico
Golfo de Mexico

Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east
, serving the ports of Vancouver, Prince Rupert, Montreal, Halifax, New Orleans, and Mobile, Ala, and the key cities of Toronto, Buffalo, Chicago, Detroit, Memphis, St. Louis, and Jackson, Miss., with connections to all points in North America.
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Publication:Business Wire
Geographic Code:1CANA
Date:Mar 1, 2000
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