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FOR RELEASE: November 17, 2005
EMD Wins Sale of Passenger Sets
for GO Transit Through Wabtec
LaGrange, Illinois - Electro-Motive Diesel, Inc. is proud to announce
its selection as a supplier to Wabtec Corporations (NYSE:
WAB) MotivePower division for the supply of complete traction systems
for 27 new commuter locomotives for GO Transit, a transit system
in Ontario, Canada. Wabtec recently announced the total value of
its contract with GO Transit as US$112 million. The contract includes
26 option locomotives for an additional US$105 million, or a total
of US$217 million. The locomotives will be built at MotivePower's
Boise, Idaho facility, with work scheduled to begin in the first
half of 2006 and deliveries are scheduled for 2007 through 2008.
The locomotives will contain a number of major components produced
by Electro-Motive Diesel, Inc., including diesel engines, generators,
traction motors and microprocessor control equipment. The engine
is EMDs service proven and highly reliable 16-710 4,000 HP
EPA emissions compliant Tier 2 engine, which will be the first Tier
2 application in a passenger locomotive in North America. GO Transit,
officially named the Greater Toronto Transit Authority, is Canada's
first and Ontario's only interregional public transit system. It
links the city of Toronto with the surrounding area and carries
45 million passengers per year by train and bus. 140,000 riders
take GO trains daily.
About Electro-Motive Diesel, Inc.:
Founded in 1922, Electro-Motive Diesel, Inc. is one of two U.S.
original equipment manufacturers of diesel-electric locomotives.
Headquartered in LaGrange, Illinois, with additional facilities
in London, Ontario, EMD designs, manufactures and sells diesel-electric
locomotives for all commercial railroad applications and has sold
its products in more than 70 countries worldwide. The Company is
the only diesel-electric locomotive manufacturer to have produced
more than 70,000 engines and has the largest installed base of diesel-electric
locomotives in both North America and internationally. In addition
to its locomotive manufacturing activities, EMD has an extensive
aftermarket business offering customers replacement parts and a
range of value-added services for its locomotives. The Company is
also a global provider of diesel engines for marine propulsion,
offshore and land-based oil well drilling rigs, and stationary power
generation. In April 2005, Greenbriar Equity Group LLC, Berkshire
Partners LLC, and certain related parties acquired EMD from General
Motors Corporation. Additional information may be found at www.EMDiesels.com.
CONTACT:
Scott Garman
scott.garman@emdiesels.com
+1 (708) 387-5041
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