Wednesday, February 25, 2009

Downer EDI announces new $200 Million Rail Contract for QR

Downer EDI Limited (Downer EDI) today announced that the Downer EDI Bombardier joint venture has received an order for an additional 20 three-car passenger trains from QR valued in excess of $200 million.

Downer EDI CEO, Geoff Knox said the contract follows on from previous QR orders late last year.

“This win is a great reflection on the success of our joint venture with our technology partner Bombardier and in our long-term relationship with QR to deliver reliable public transport for the people of Queensland.

“We are pleased to be assisting in the successfuldelivery of the Queensland Government’s transport policy and to the continued support of our products by the people of Queensland who rely on public transport to deliver them to and from home safely every day.

“We will commence manufacture of the new train cars later this year following the successful delivery and commissioning of our existing contract for the manufacture of 44 passenger trains for QR.

“The trains will be manufactured at our recently upgraded manufacturing facility in Maryborough, and we will be working with local suppliers to source components for the trains.

“In what has been a difficult time for many people in the region, we are pleased to be growing our workforce to cater for the growth in our Rail business,” he said.

Downer EDI’s Rail Division is well placed to further grow its market share in this strong sector.


To go to this article directly, click here.

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