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MORRISON KNUDSEN WINS CONTRACT TO REMANUFACTURE 133 LOCOMOTIVES FOR SOUTHERN PACIFIC

 BOISE, Idaho, Oct. 28 /PRNewswire/ -- Morrison Knudsen Corp. (MK) (NYSE: MRN) announced today that MK has received a contract to remanufacture 133 freight locomotives for Southern Pacific Lines, with an option for 60 additional units in 1995.
 "This is the largest locomotive remanufacturing contract in MK history and is the largest ever awarded to a single manufacturer," said William J. Agee, MK chairman and chief executive officer. "America is experiencing a rail renaissance and railroads and transit agencies continue to turn to MK to meet the growing need for rolling stock and related equipment."
 Agee said that MK completed a 65-locomotive remanufacturing contract for Southern Pacific in 1991.
 "We are pleased to have repeat business from one of the nation's largest railroads, an organization that will play a major role in the rebirth of this industry," he added.
 The remanufactured locomotives will be improved over their original condition, including state-of-the-art equipment that will enhance fuel efficiency and provide a 25-percent improvement in wheel-to-track adhesion. They will carry a warranty equivalent to those offered on new units.
 The work will be performed at MK's Boise Locomotive Operations in Idaho and at the company's industrial complex in Mountaintop, Penn. Work will begin immediately and completion is scheduled for late 1994.
 Morrison Knudsen Corp. serves the world's construction, transportation, environmental, industrial and power markets as an engineer, contractor and manufacturer, offering complete development, operations and financial services.
 -0- 10/28/93
 /CONTACT: Brett Brandon of Morrison Knudsen, 208-386-5387/
 (MRN)


CO: Morrison Knudsen Corp.; Southern Pacific Lines ST: Idaho, Pennsylvania IN: TRN SU: CON

RB-JH -- SE022 -- 8254 10/28/93 19:20 EDT
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Publication:PR Newswire
Date:Oct 28, 1993
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