Bombardier is Awarded an Additional Order for One of the World's Most
Powerful Electrical Locomotives
LKAB Order 8 Additional 'IORE' Locomotives for the Transport of Iron
Ore in Northern Sweden
BERLIN, GERMANY--(Marketwire - August 23, 2007) - Bombardier
Transportation announced today it has received an additional order
for its IORE Locomotives from LKAB. The contract, valued at 52
million euros ($70 million US) is for the supply of 8 BOMBARDIER IORE
locomotives. LKAB already has 18 IORE locomotives in successful
operation.
The IORE locomotive is designed for operation with heavy haul freight
trains. Two of these single cab CoCo locomotives are always used in
conjunction with each other, although each unit is individually fully
functional. The locomotives are in service in an extreme climatic
environment where iron ore is hauled from mines located inland in
Sweden to the coasts of Sweden and Norway. With an axle load of up to
30t and a starting tractive effort of 1200 kN, the IORE is the
mainstay of heavy haul locomotive products within Bombardier
Transportation. Stringent LCC (Life Cycle Cost) requirements from the
customer have resulted in minimal maintenance costs and excellent
reliability.
The locomotives are powered by highly proven BOMBARDIER MITRAC
technology providing exceptional traction and reliability to respond
to the high demands of LKAB for the performance of their
sophisticated rail logistics system. The extreme climatic conditions
successfully sustained by the previously delivered locomotives are
further proof of the versatility of the MITRAC technology and its
reliability. The locomotives will be produced at Bombardier
Transportation's site in Kassel, Germany. Propulsion and Controls
will be manufactured at Bombardier sites in Germany.
Commenting on the announcement, Edmund Schlummer, President of
Bombardier Transportation Locomotives Division, said: "The IORE
locomotive is the ultimate electrical heavy haul locomotive and the
flagship of LKAB. It has proved its reliability and demonstrated
excellent performance under extreme conditions. We are proud of this
additional order which reflects the importance of the Nordic market
to us."
Tomas Andersson, President Bombardier Transportation Sweden AB
commented: "This is a great success for Bombardier. LKAB have valued
the excellent performance of their existing IORE locomotives, and the
high level of cooperation and trust with Bombardier."
Lars-Eric Aaro, Vice President, LKAB Technology & Business
Development, added: "The additional IORE locomotives, together with
new 30 ton axle load ore cars, will increase our transport capacity
by 60%. This means more efficient iron ore transportation to the
harbours, which helps to strengthen LKAB's position in the world's
iron ore market significantly. We are very pleased to continue our
successful cooperation with Bombardier."
Note to editors:
Useful company background facts and contact details follow.
Background facts and figures
About Bombardier Transportation Sweden
Bombardier Transportation in Sweden employs approximately 1500 people
at sites in Vasteras, Stockholm, Hassleholm and Gothenburg.
Bombardier offers a complete product portfolio to the Swedish market
and has operations in Sweden that carry out design, manufacturing,
project management and after-sales activities. Sweden also serves as
a technology hub for Bombardier, developing signalling equipment and
propulsion & controls for the global market.
About Bombardier Transportation
Bombardier Transportation has its global headquarters in Berlin,
Germany with a presence in over 60 countries. It has an installed
base of over 100,000 vehicles worldwide. The Group offers the
broadest product portfolio and is recognized as the leader in the
global rail sector.
About Bombardier
A world-leading manufacturer of innovative transportation solutions,
from regional aircraft and business jets to rail transportation
equipment, systems and services, Bombardier Inc. is a global
corporation headquartered in Canada. Its revenues for the fiscal year
ended Jan. 31, 2007, were $14.8 billion US, and its shares are traded
on the Toronto Stock Exchange (BBD). News and information are
available at www.bombardier.com.
BOMBARDIER and MITRAC are trademarks of Bombardier Inc. or its
subsidiaries.
Contacts:
Germany, Austria, Switzerland
Jürgen Kornmann
+ 49 30 986 07 1138
Nordic Countries
+ 46 8 681 5062