Bombardier Transportation
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Bombardier Transportation

August 19, 2005 09:00 ET

Bombardier to Supply 14 High-Floor Light Rail Vehicles to Monterrey Mass Transport Authority in Mexico

MONTREAL, QUEBEC--(CCNMatthews - Aug. 19, 2005) - Bombardier Transportation, along with its consortium partners Siemens and Grupo Garza Ponce, S.A. de C.V. (a local civil works firm), announced today that it had been awarded a contract from Monterrey's Mass Transport Authority (Metrorrey) to design and build 14 high-floor light rail vehicles (LRVs). The total contract is valued at approximately $244 million US, while Bombardier's share is valued at approximately $43 million US.

The manufacturing, testing and commissioning of the 14 high-floor LRVs will take place at Bombardier's facility in Sahagun, Mexico. Deliveries are scheduled to take place in the second half of 2007.

The new vehicles will be used to expand Line 2 of Monterrey's Mass Transport Authority. The opening of the new extension is scheduled for the second half of 2007, shortly before the celebration of the Second Universal Forum of Cultures in Monterrey, Nuevo Leon.

William Spurr, President, Bombardier Transportation North America, commented: "This contract further reinforces Bombardier's position as the main supplier of mass railway transport systems in Mexico. Moreover, these trains will contribute to improve transportation in this highly industrialized Mexican city."

Metrorrey, the second largest mass transit transportation system in Mexico, currently has 23 kilometers of rails and operates with 70 high-floor trains, transporting a total of 50 million passengers each year. Bombardier has supplied close to 70 percent of Metrorrey's total rolling stock currently in operation. This turnkey project will expand Line 2 towards the San Nicolas de los Garza and Escobedo counties, in the State of Nuevo Leon, on an 8.7 km alignment, of which 1.5 km will run underground.

Raymundo Flores Elizondo, Director General of Metrorrey, stated: "These additional trains, based on proven Bombardier technology, are a fundamental part of the plans to improve mass transportation in the Nuevo Leon State Capital, servicing demand in the fast developing county of Escobedo."

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, 2005 were $15.8 billion US and its shares are traded on the Toronto astock exchanges (BBD). News and information are available at www.bombardier.com.

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