Latest Agreement Will Add To More Than 1,200 Locomotives Delivered Through Operations In Mexico
Bombardier Transportation announced today that it has received an order from Electro-Motive Diesel Inc. (EMD) to assemble 145 SD70ACe EMD locomotives. The order, valued at approximately 66 million euros ($94 million US), is based on a framework agreement signed between the parties April 3, 2007. The contract calls for fabrication of sub-parts and assembly of the locomotives at Bombardier’s production facilities in Sahagun, Mexico. Deliveries are scheduled to begin by mid-March 2008 and take place through the end of the year.
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Useful market and company background facts and contact details follow.
Background facts and figures
About Electro-Motive Diesel, Inc.:
Founded in 1922, Electro-Motive Diesel, Inc. is one of two U.S. original equipment manufacturers of diesel-electric locomotives. Headquartered in LaGrange, Illinois, with additional facilities in London, Ontario, EMD designs, manufactures and sells diesel-electric locomotives for all commercial railroad applications and has sold its products in more than 70 countries worldwide. The Company has the largest installed base of diesel-electric locomotives in both North America and internationally. EMD has an extensive aftermarket business offering customers replacement parts and a range of value-added services for its locomotives. Additional information may be found at http://www.emdiesels.com/
Bombardier Transportation in Mexico
Bombardier Transportation in Mexico operates a world-class manufacturing facility in Sahagun, Mexico where it employs over 1,100 people. Bombardier Transportation has been involved in Mexico since 1982 when the company got its first contract in the market with Mexico City’s Sistema de Transporte Colectivo-Metro for the manufacture of rubber-tired subway cars. In 1992, with the acquisition of the assets of Concarril, Bombardier became the only passenger rolling stock manufacturer in Mexico. The group manufactures a wide range of vehicles for public transport. Among these products are steel-wheel and rubber-tired metro cars; light rail vehicles; locomotives and components for rail vehicles. Customers of Bombardier’s rail transportation products and services include all the Mexican mass transit authorities: STC-Metro and Servicio de Electricos in Mexico City; Sistema de Transporte Electricio Urbano in Guadalajara; and Metrorrey in Monterrey.
About Bombardier Transportation
Bombardier Transportation has its global headquarters in Berlin, Germany with a presence in over 60 countries. It has an installed base of over 100,000 vehicles worldwide. The Group offers the broadest product portfolio and is recognized as the leader in the global rail sector.
A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2007, were $14.8 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com .
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