S., serving northeastern and central
Mexico and the port cities of
Lazaro Cardenas, Tampico and Veracruz, and a 50% interest in The
Panama
Canal Railway Company, providing ocean-to-ocean freight and
passenger service along the Panama Canal
.
Bombardier to Deliver an Additional 20 High-Speed Trains to China
signal webzine
Comstock + Company, Inc. Smith
works out
of RailWorks' corporate headquarters in New York, N.S."
In addition to BSP, Bombardier
participates in two other joint
ventures in China.
About Bombardier
A world-leading
manufacturer of innovative transportation
solutions, from regional aircraft and business jets to
rail
transportation equipment, Bombardier Inc.
31, 2005, were $15.jsp
preservation rail
Deliveries of the
trains will start in July 2006 and will be
completed in December 2007.trp railroads
"Kean Smith has a proven
track record of building and
strengthening the business pipeline while serving both transit and
railroad
industry firms, which makes him an excellent fit for
RailWorks," said Ray List, president and chief
executive officer of
RailWorks Corporation.V.com
Note to Editors
A photo is available
on our Website at the following address:
http://www.railfan traction
"Vicente Corta is a skilled negotiator and a
natural
leader," said Haverty. Corta held important posts at the
Mexican Ministry of Finance and
Public Credit for almost a decade.
Headquartered in Kansas City, Mo. holdings include The Kansas
City Southern Railway
Company, founded in 1887, and The Texas Mexican Railway Company,
founded
in 1885, serving the central and south central U.
News Editors
MONTREAL----Bombardier
Transportation
and its joint venture partners, Power Corporation of Canada and China
South Locomotive
and Rolling Stock Industry (Group) Corporation have
received, through their joint venture Bombardier
Sifang Power
(Qingdao) Transportation Ltd. The site in Vasteras will also
provide part of the
propulsion.bombardier.preservation webzine
magazines railfan
, and Pacific Northern Rail
Contractors, Inc." RailWorks is a privately held
company and can be
found on the World Wide Web at www.railworks.A.bombardier.railroads railway
"TFM, Kansas City Southern
Railway and
The Texas Mexican Railway Company (TexMex) will now operate under
common overall leadership
, creating a seamless transportation system
that spans the heart of North America. Corta served as
President of Mexico's National Commission for the Retirement Savings
System (CONSAR). (BSP), an
additional order from the
Ministry of Railways of China (MOR) for the production and delivery of
20 eight-car high-speed trainsets. Ltd.months signal
"
About RailWorks Corporation -- Founded in 1998, RailWorks
Corporation provides reliable construction, maintenance, and material
solutions for the rail and
rail-transit industries. de C. Before joining White + Case, Mr. (CBRC), is dedicated to the production
of metro
vehicles. It
is also the first ranked manufacturer of business aircraft supplied
to
China.trains northeastern
We will all look to Vicente
for leadership and guidance as we work together to take TFM to
the
next level.
where he has proven a strong advocate for both public and private
sector clients
. Visit www.
Jianwei Zhang, Chief Country Representative, China, Bombardier
Transportation
, said: "This new order confirms, once again, the
Ministry of Railways of China's trust in Bombardier
. News and information are available at
www.webzine rail
(PNR). Haverty, KCS chairman, president
and chief
executive officer. Ltd.2200 rolling
With revenues of
approximately $427 million, RailWorks is a leading provider
of
integrated rail system services and products for major transit
authorities, class I and short
line railroads, and commercial and
industrial companies.C. The complete order for the 40 trains is
valued at approximately $700 million US (560 million euros) and
Bombardier's share is approximately
$382 million US (306 million
euros). The other joint venture, Bombardier-CPC Propulsion Systems
Co
., is involved in the production, marketing and maintenance of
propulsion equipment for rail vehicles
.locomotives magazine
Electric Construction Company, where he served as the firm's
manager of business development.
Business Editors
KANSAS CITY, Mo. de C."
Vicente Corta is a partner in the law firm of
White + Case S. His
tenure with the IPAB is best remembered for his aggressive and
effective steps
to reform and overhaul Mexico's banking system,
including overseeing the orderly resolution of approximately
US$38
billion worth of assets from troubled banks and directing the
government takeover of several
of Mexico's unstable banks.transportation.click railfan
, North American Transit, General Railway Signal Corporation
and
Canadian Pacific Railway.
Before heading the IPAB, Mr.S. This order follows an initial 20
eight-car high-speed trainsets order awarded to the same parties by
the MOR in October 2004. Its
revenues for the fiscal year ended Jan.northeastern railfan
Y., KCS is a transportation holding
company that has railroad
investments in the U.kcsi. Moreover, it
reinforces Bombardier's already strong leadership in the
Chinese
railway market. Bombardier's longstanding relationship with China began 50
years ago
.passenger railroads
RailWorks Names Business Development Officer; Transit and Railroad Industry Veteran Joins Senior Management
Team
Corta will continue as a partner of White + Case during his tenure as
TFM Interim CEO
.newsmagazine northeastern
"
The union of the three railroads under common ownership has
several inherent advantages for
Mexico and the entire NAFTA region
including greater investment in cross-border transportation
infrastructure
, the implementation of advanced cargo tracing and
tracking systems, improved border security, and
world-class employee
training programs. "He comes to TFM as part of a distinguished
career in
government and private business., Mexico and Panama. de
C. KCS' North American rail
holdings and
strategic alliances are primary components of a NAFTA
Railway system, linking the commercial and
industrial centers of the
U. is a global corporation
headquartered in Canada.click magazines
His efforts focus
on expanding RailWorks'
electrical and systems installation and track construction,
maintenance
and rehabilitation business opportunities.com
Kansas City Southern Announces Closing of TFM
Transaction; Naming of TFM Interim CEO
A.
"This is an historic opportunity to create one of North
America's
premier railroads," said Michael R. Prior to that, until August 2000, he was the Chief
Executive Officer of the Institute for Protection of Bank Savings
(IPAB), Mexico's deposit insurance
and bank resolution agency.
Including its joint ventures, Bombardier currently employs 1,400
people in China.railroads magazines
Business Editors
NEW YORK----RailWorks Corporation, a
leading provider
of construction, maintenance and material solutions
for the rail and rail-transit industries, announced
today that Kean
Smith has joined the company as its Vice President of Business
Development.K.
RailWorks ranks 71st on Engineering New-Record's
2004 "Top 400 Contractors" list and 11th among
"The Top 50 in
Transportation. Its
international holdings include a controlling interest in TFM
, S."
The trains, which can reach a speed of 200 km/h, will be designed
by Bombardier in Vasteras
, Sweden. In addition to its rail transportation operations,
Bombardier is the number one in the Chinese
regional aircraft market,
with an installed base of 36 aircrafts operated by seven airlines.advertiser locomotives
He comes
to RailWorks from
Mass. The long-term result will be more employment
opportunities and greater
overall competitiveness in Mexico. As
of April 1, 2005, Vicente Corta Fernandez has assumed the duties
of
TFM Interim CEO.com
2200 trp
Prior to that, he worked for some of
the leading names in the
industry, including Union Switch + Signal,
Inc.
In his new position, Smith is responsible for
all business
development activities related to RailWorks' New York Transit,
National Transit and
Track business lines, including its operating
subsidiaries L. Mr.signal railfan
S., Canada and Mexico.newsmagazine traction
(TFM) from
Grupo TMM, S. As a result, KCS now owns all of the common stock of Grupo
Transportacion Ferroviaria
Mexicana, S. and controls all of
the shares of TFM entitled to full voting rights.A.
Commenting
on the order, Olof Persson, President, Mainline and
Metros, Bombardier Transportation, said: "This
additional order of 20
high-speed trains for the Chinese mainline network clearly
demonstrates
the superiority of our products as well as the
increasingly important role of Bombardier to bring
state-of-the-art
railway products to the people of China. The carbody production and final
assembly
will be undertaken in China, under BSP's responsibility. The first one, Changchun Bombardier Railway
Vehicles Co.com/photography.editorials magazine
Smith has broad transportation experience, having held business
development
and operating positions in both the transit and railroad
industries throughout his 33-year career
. "He comes at a pivotal time and will help
RailWorks capitalize on momentum already under way.--
--Kansas City
Southern (KCS)(NYSE:KSU) completed today its purchase of the
controlling interest
in TFM, S.A.
in accordance with the terms of the Amended and Restated Acquisition
Agreement.V
.
Its primary U.V.trains trp
TFM will remain a Mexican corporation with Mexican leadership.8 billion US and
its shares are traded on the
Toronto Stock Exchange (BBD).click passenger
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