Toronto places $22 million train order

Bombardier Transportation has received a firm order worth $22 million from the Greater Toronto Transit Authority (GO Transit) for 10 BiLevel commuter rail vehicles.

Bombardier Transportation announced yesterday that it received a firm order from the Greater Toronto Transit Authority (GO Transit) for 10 BiLevel commuter rail vehicles.

The order will add to GO Transit’s existing fleet of 372 Bombardier-built railcars. Valued at $22 million, the contract calls for the design, manufacture and delivery of the new commuter vehicles.

“The Bombardier BiLevel vehicle continues to be the most popular multi-level commuter rail car in North America,” said William Spurr, president, Bombardier Transportation-North America. “It is a service-proven transit solution that delivers unparalleled reliability and cost efficiency, along with some of the shortest delivery schedules in the industry.”

On October 13, 2004, Bombardier announced an order for 10 BiLevel cars from the Mid-Region Council of Governments and the New Mexico Department of Transportation. The company is also building 22 BiLevel cars ordered in September 2003 by l’Agence Métropolitaine de Transport in Montreal.

The GO Transit vehicles will be built at Bombardier’s Thunder Bay, Ontario, manufacturing facility. Production is expected to extend from February 2005 for approximately one year.

Separately, Bombardier also announced yesterday the sale of its interest in Greenbrier-Concarril LLC and Gunderson Concarril SA de CV to The Greenbrier Companies.

The transaction will result in Greenbrier owning 100% of Greenbrier-Concarril and its manufacturing subsidiary Gunderson Concarril, SA de CV. The value of the transaction is approximately $10 million.

Greenbrier-Concarril LLC was formed in 1998 as a joint venture between Bombardier Transportation and The Greenbrier Companies to manufacture, through Gunderson Concarril SA de CV, rail freight cars for the North American market at Bombardier’s facility in Sahagun, Mexico.

Gunderson-Concarril will continue to lease a portion of Bombardier’s Sahagun facility, which Bombardier will still use to assemble locomotives and manufacture passenger rail cars.

“Freight cars manufacturing is not a core area of expertise for Bombardier. The transaction is therefore in line with Bombardier’s plan to refocus on core businesses”, explained Mr Spurr.