Note to editors: To view the photo associated with this press
release, please visit the following link:
http://www.globenewswire.com/NewsRoom/AttachmentNg/a083fc50-492b-4958-8e12-e4f8f1a596d1
The consortium comprising Bombardier Transportation and Alstom
has signed an amendment to the initial acquisition contract of
October 2010, concluded with Société de transport de Montréal
(STM), for the supply of an additional 153 metro cars (17 nine-car
trainsets). These cars will move more riders each day with greater
reliability and comfort.
The value of this new order is approximately $448 million CDN
($340 million US, 299 million euro). Bombardier's share is valued
at $281 million CDN ($213 million US, 188 million euro), and
Alstom's share is valued at $167 million CDN ($127 million US, 112
million euro).
Most of the manufacturing and the total of the final assembly of
these additional vehicles will be undertaken at Bombardier’s
facility in La Pocatière, in the Bas St-Laurent region of Québec,
where the manufacturing of the last trainsets of STM is being
completed, according to the agreed schedule. As with the first
phase, Alstom’s facility will supply the bogies and the motors, as
well as the train control, communication, passenger information and
video surveillance systems.
Nearly 170 Bombardier employees will be assigned to this new
order, which will also involve 70 employees at the Alstom
plant in Sorel-Tracy. With 60% Canadian content, this order will
leverage a network of several hundred suppliers across Québec.
A premium mobility experience "We are delighted
by this announcement, which will maintain hundreds of jobs at our
plant in La Pocatière, as well as at our North American
headquarters in St. Bruno. This helps to sustain our leadership in
the Québec rail ecosystem and to continue our nearly 45-year
relationship with STM. The AZUR metro cars, offering a premium
mobility experience, highly popular ever since they entered service
in 2016. They also exceed world-class performance and reliability
standards," said Benoit Brossoit, President, Americas Region,
Bombardier Transportation. "Globally, Bombardier Transportation
moves more than half a billion people every day, and we are
particularly proud to share the benefit of our global expertise
with Montréal’s population.”
“As part of Alstom's global center of excellence for bogies
manufacturing, our Sorel-Tracy employees are among the most
qualified employees in the province and maintaining their workload
is a priority for us. We are happy to add another project to their
current backlog. In addition to providing the bogies, our
partnership with STM also extends to the Montréal metro control
center. We are delighted to continue working with them on
Montréal's iconic metro system, " said Angelo Guercioni, General
Manager of Alstom Canada.
Benefits for the STM and its riders Through
this agreement, STM will benefit from the replacement of part of
its fleet at a lower cost. Each trainset can accommodate 8% more
passengers, which represents thousands of additional riders
annually. In addition, the AZUR metro cars have breakthrough
features that demonstrate their comfort, reliability and safety. In
addition to other elements these include:
- Open gangways allowing passengers to walk freely from one end
of the train to the other;
- 27% wider doors for faster passenger entry and exit;
- An improved ventilation system;
- A state-of-the-art electronic passenger information
system;
- Onboard cameras and a two-way intercom system connecting
passengers with the driver.
About Bombardier Transportation Bombardier
Transportation is a global leader in rail technology and offers the
broadest portfolio in the industry. It covers the full spectrum of
rail solutions, ranging from trains to sub-systems and signalling.
The company also provides complete transport systems, e-mobility
technology and maintenance services. As an innovation driver,
Bombardier Transportation continuously breaks new ground in
sustainable mobility. It provides integrated solutions that create
substantial benefits for operators, passengers and the environment.
Headquartered in Berlin, Germany, Bombardier Transportation employs
around 39,850 people and its products and services operate in over
60 countries.
About Bombardier With over 69,500 employees
across four business segments, Bombardier is a global leader in the
transportation industry, creating innovative and game-changing
planes and trains. Our products and services provide world-class
transportation experiences that set new standards in passenger
comfort, energy efficiency, reliability and safety.
Headquartered in Montreal, Canada, Bombardier has production and
engineering sites in 28 countries across the segments of
Transportation, Business Aircraft, Commercial Aircraft and
Aerostructures and Engineering Services. Bombardier shares are
traded on the Toronto Stock Exchange (BBD). In the fiscal year
ended December 31, 2017, Bombardier posted revenues of $16.2
billion US. News and information are available at bombardier.com or
follow us on Twitter @Bombardier.
About Alstom As a promoter of sustainable
mobility, Alstom develops and markets systems, equipment and
services for the transport sector. Alstom offers a complete range
of solutions (from high-speed trains to metros, tramways and
e-buses), passenger solutions, customised services (maintenance,
modernisation), infrastructure, signalling and digital mobility
solutions. Alstom is a world leader in integrated transport
systems. The company recorded sales of €8.0 billion and booked €7.2
billion of orders in the 2017/18 fiscal year. Headquartered in
France, Alstom is present in over 60 countries and employs 34,500
people.
Notes to Editors To receive our press releases,
please visit the RSS Feed section.
Bombardier is a trademark of Bombardier Inc. or its
subsidiaries. For Information – Bombardier
Transportation
Jade
St-JeanMedia Relations,
Canada+1 450-441-3007jade.st-jean@rail.bombardier.com |
Group Media
Relations+49 30 98607 1687press@rail.bombardier.com |
You can also contact one of our worldwide contacts for specific
press enquiries.
For information – Alstom
Marilena VaranoMedia Relations+ 1
514-415-4663marilena.varano@alstomgroup.com
Bombardier (TSX:BBD.B)
Historical Stock Chart
From Mar 2024 to Apr 2024
Bombardier (TSX:BBD.B)
Historical Stock Chart
From Apr 2023 to Apr 2024