ALSTOM Wins A €127 M Contract to Overhaul Atlanta
Metro Rolling Stock

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The Board of the Metropolitan Atlanta Rapid Transit
Authority (MARTA) has awarded ALSTOM a contract valued at USD
127 million (approximately 127 million euros) to overhaul 120
cars of its existing rapid transit fleet of 248 cars. These
cars were built between 1985 and 1988, and their refurbishment
will extend their operating life by 15 to 20 years. The
contract also includes an option for ALSTOM to overhaul up to
118 additional cars for a contract value of USD 139 million
(approximately 139 million euros) if exercised by MARTA. The
cars of the option were built between 1979 and 1981 by
ALSTOM.

Work will be carried out at ALSTOM's facilities in Hornell,
New York. Deliveries are scheduled to begin at the end of 2004,
at the rate of up to eight cars a month.

Michel Moreau, President of ALSTOM's Transport Sector, said:
'This new contract reinforces ALSTOMs position as the
number one re-manufacturer of rail transit cars in the US ; the
company is currently carrying out several overhaul contracts,
in particular for the Washington Metropolitan Transit
Authority, for New Jersey Transit and for the Maryland Mass
Transit Administration'.

MARTA is the ninth largest transit system in North America,
and transports an average of over half a million passengers a
day.

ALSTOM was recently awarded several major contracts in the
USA. Particularly notable are: a contract worth 980 million
euros for the design and manufacture of 660 new heavy rail
subway cars for New York City Transit, and a contract for 62
heavy rail subway cars for the Washington Metropolitan Transit
Authority worth 137 million euros. The Company has also been
awarded in November a 430 million euro contract for the
maintenance of 434 freight locomotives by the Burlington
Northern & Santa Fe Railway Company (BNSF).

 

 

ALSTOM is the global specialist in energy and transport
infrastructure. The Company serves the energy market through
its activities in the fields of power generation and power
transmission and distribution, and the transport market through
its activities in rail and marine. In fiscal year 2001/02,
ALSTOM had annual sales in excess of 23 billion and
employed 112,000 people in over 70 countries. ALSTOM is listed
on the Paris, London and New York stock exchanges.

ALSTOM's Transport Sector, with annual sales of 4.4
billion, is an internationally leading supplier of rolling
stock, information systems, services and complete turnkey
systems to the rail industry.

 

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