Turbo Power Systems Receives Rail Order Worth US$14m
17 April 2007 11:51
Turbo Power Systems, the innovative power generation and conditioning equipment supplier, is pleased to announce it has received a new order from Bombardier Transportation worth US$14m. The company's power electronics division has reached agreement with Bombardier to supply 406 auxiliary power units in support of their contract with the Chicago Transit Authority (CTA) for a new fleet of metro subway cars. The initial confirmed order is for 406 units, spares, training and engineering services and is worth US$14m. Delivery of the 406 units will take place between 2008 and 2011.
In addition, the CTA have a number of phased options to extend their commitment to 706 units. If all of these options are taken up, the value of the contract to Turbo Power Systems will increase to in excess of US$20m. The CTA operates the second largest subway system in the USA, covering Chicago and its 40 surrounding suburbs, with over 200 miles of track and 144 stations.
Bombardier were announced as the preferred bidder for the production of the rail cars in May 2006. They have previously provided new metro cars for the subway systems in cities such as New York and Washington D.C. The auxiliary power unit forms a key part of the electrical distribution backbone of the subway car, providing a quality power source for sub-systems such as the airconditioning equipment.
Michael Hunt, chief executive officer of Turbo Power Systems (TPS), said: "The company is delighted that it has been selected for such a prestigious programme by Bombardier. The contract is the largest single rail equipment order that TPS has won, and clearly demonstrates that we are now one of the leading global suppliers of this technology. The investment that we recently announced for new facilities in Gateshead was specifically targeted at programmes such as this and we look forward to building on this continued success in the rail sector".
For more information on this company:
Turbo Power Systems - Auxiliary Power Supplies, Battery Chargers, Low Voltage Power Supplies and Static Converters
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