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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Bullboard Posts
Post by Fineganon Mar 17, 2014 6:27am
261 Views
Post# 22330373

Contract For South African Locomotives Project

Contract For South African Locomotives Project

PRESS RELEASE FROM MARKETWIRE

Bombardier Signs Contract For South African Locomotives Project

- One of South Africa's largest infrastructure projects to include 240 BOMBARDIER TRAXX Africa locomotives - Bombardier will manufacture all the locomotives in South Africa

Monday, March 17, 2014

 

Bombardier Signs Contract for South African Locomotives Project

05:58 EDT Monday, March 17, 2014


JOHANNESBURG, SOUTH AFRICA--(Marketwired - March 17, 2014) - Rail technology leader Bombardier Transportation South Africa (Pty) Ltd has signed a contract with Transnet Freight Rail (TFR) for the delivery of electric locomotives. Bombardier's 240 TRAXX Africa locomotives are set to be part of a complete fleet renewal programme involving four different suppliers. The contract is expected to be effective by end of March 2014, following certain administrative approvals.

TFR will use the dual-voltage electric locomotives for its general freight business in South Africa. The locomotives will be designed for speeds of up to 100 km/h. The TRAXX Africa design benefits from the vast experience of theTRAXX dual voltage locomotives being in operation with many of the leading European rail freight and passenger operators. TRAXX locomotives are well known for their high reliability, excellent traction capabilities, energy efficiency and low maintenance cost.

Bombardier will build all its new locomotives in South Africa and is committed to localizing more than 60% of the contract scope. This implies investments in local manufacturing capacity, training and further improving the skills development of local employees, while working with local partners to achieve the same objectives. In accordance with South Africa's Black Economic Empowerment (BEE) program, this project will create a significant number of quality jobs and skills to complement overall developmental objectives.

Bombardier has been established in South Africa since 1995, supporting local industry in locomotive and commuter train refurbishment programs. As the lead member of the Bombela Consortium, Bombardier was responsible for the core electrical and mechanical design and equipment for the Gautrain Rapid Rail Link. This prestigious turnkey project has provided a new state-of-the-art fleet of commuter trains and signaling systems for passenger services between Johannesburg and Tshwane as well as airport-link trains from Sandton. The majority of the 96 BOMBARDIER ELECTROSTAR vehicles for Gautrain underwent final assembly in South Africa.

As leader of the consortium Bombardier Africa Alliance, Bombardier is also implementing one of the largest conventional mainline re-signalling projects in South Africa. The consortium is delivering the globally-provenBOMBARDIER INTERFLO 200 rail control solution for the Passenger Rail Agency of South Africa (PRASA). This project constitutes a major multidisciplinary rail modernisation of the Durban main corridors.


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