17583
17641

Business

Bombardier on track with $226M order

by The Canadian Press - Story: 85224
Dec 31, 2012 / 6:42 am

Montreal based Bombardier says it has an order to supply Germany's Abellio Rail with 35 of its Talent 2 trains in a deal valued at US$226 million.

Bombardier announced in a release Monday morning that it will supply 20 three-car and 15 five-car trains, with the vehicles due to enter service in December 2015.

The company develops and manufactures the Talent 2 trains at its site in Hennigsdorf, Germany.

Bombardier says the units will be equipped with its MITRAC 1000 propulsion and control system.

It says one of the advantages of this system is that it allows the train to accelerate quickly to a constant speed.

The Canadian Press


Read more Business News

17048


Today's Market

S&P TSX 12667.22 +9.13
S&P CDNX 948.32 +6.27
DJIA 15303.10 +8.60
Nasdaq 3459.144 -0.274
S&P 500 1649.60 -0.91
Gold 1389.30 -2.70
Lumber 316.00 -4.50
Oil 96.05 -0.11
Natural Gas 4.22 -0.041
CDN Dollar 0.9699 N/A

_


Okanagan Companies

Sun Rype 6.29 +0.19
Pacific Safety 0.05 -0.02
Knighthawk 0.02 0.00
QHR Technologies Inc 0.56 -0.01
Cantex 0.015 0.00
Anavex Life Sciences 0.475 -0.025
Metalex Ventures 0.08 0.00
Russel Metals 26.54 -0.08
Copper Mountain Mining 1.73 -0.02
Colorado Resources 1.53 +0.08
ReliaBrand Inc 0.13 0.00

_







17658

FEATURED Property
1553245#226 - 1099 Sunset Drive
2 bedrooms 2 baths
$299,000
more details
image2image2image2
view all featured properties
Click here to feature your property
Please wait... loading


The most brilliant marketing strategy

Owning a business is a daily battle. Customers reduce everything to the most easily comparable factors – apples to apples – and dollars per unit. Business owners must constantly strive to...


The Accidental Run

I had a crazy thought a few years ago. I was in the lobby of a Church talking to Matt Blacklock. Matt is a friend and ultra-marathon runner who has tackled some of Canada’s toughest long distan...


John Thomson's I Didn't Know That!

I vowed when I started this column twenty-five years ago that I wasn’t going to write about politics and I have held the line until today but this item is really about questions. I looked back o...

_


Previous Stories


17357

FIND MORE
Position yourself in the Okanagan's most visually comprehensive business directory.

Showcase your business like no other marketing can and Join the growing number of businesses that get more customers.
Learn more here



17357

RSS this page.
(Click for RSS instructions.)

Member of BC Press Council