Bombardier Transportation

Bombardier Transportation

May 11, 2006 14:47 ET

Bombardier to Begin Negotiations for the Renewal of Metro Cars for Montreal

MONTREAL, QUEBEC--(CCNMatthews - May 11, 2006) - Bombardier announced today that it will begin negotiations with the Societe de transport de Montreal (STM), for the renewal of metro cars for Montreal, following the decision of the Quebec government.

"Bombardier is proud to have the opportunity to work once more on the Montreal metro, 30 years after manufacturing cars for Montreal," said William Spurr, President, Bombardier Transportation, North America. "Once the contract is awarded, we have undertaken to guarantee a fixed and firm price for the product, as defined by the project office," Mr. Spurr added.

The design, manufacture and assembly of the new Montreal metro cars will be undertaken at Bombardier's facilities in St. Bruno and La Pocatiere, Quebec.

Bombardier is the world leader in rolling stock for passenger rail transportation. It has also developed unique, advanced technology for rubber-tired bogies. The company will offer its proven, cutting-edge technology for twin-engine bogies and its stainless steel carbodies to the STM. The new bogies and the more durable stainless steel carbodies are designed to help reduce car maintenance costs.

Mr. Spurr added: "The fact that the Societe de transport de Montreal is placing its trust in us is evidence of our uncontested leadership in this industry in the North American and World markets."

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2006 were $14.7 billion US and its shares are traded on the Toronto Stock Exchange (BBD).

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  • Bombardier Transportation
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