August 20, 2008
Bombardier Wins Hybrid Locomotive Contracts Worth $485 Million
Bombardier has won orders worth $485 million to supply hybrid locomotives for the transport bodies in New Jersey and Montreal, Thomson Financial News reports, (via Forbes).
The new dual-powered locomotives will be capable of operating under both diesel power and alternating current electric power from overhead sources – a first in North America.
New Jersey Transit Corp. awarded the company a $262 million-order, which includes orders for 26 locomotive for passenger trains with options for 63 more.
The Agence Metropolitaine de Transport de Montreal awarded the company a $233 million-order, which includes orders for 20 locomotives with options for 10 more.
In July, Bombardier’s aerospace division in Northern Ireland announced it has slashed CO2 emissions by 69 percent since 2001.
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