Dominion Lending Centres Clearlease Reports Bombardier (TSX:BBD.B) partners with Siemens for US$3B share of German rail contract

Dominion Lending Centres Clearlease Reports Bombardier (TSX:BBD.B) partners with Siemens for US$3B share of German rail contract

VANCOUVER, BC – (May 9, 2011) Clearlease Reports Bombardier Transportation has signed a framework agreement with Siemens AG for a US$3-billion share of a large German high-speed rail contract May 9, 2011.

The Berlin-based railway division of Bombardier Inc. (TSX:BBD.B) will become a partner to develop and supply components for up to 300 ICx high speed trains for Deutsche Bahn.

Two orders for 220 trains would be worth US$3 billion to Bombardier.

The framework agreement also includes an option for up to 80 additional trains that could be ordered until 2030.

Production will start in the summer of 2013.

Bombardier will supply Siemens with body shells, trailer bogies and complete final assembly of coaches.

The head of Bombardier’s passenger division said the technical solutions developed by the company will make a significant contribution to the project. For example, the aerodynamics and weight of the steel body shells will reduce energy consumption.

“The ICx will have a decisive influence on the future of long-distance travel in Germany and will be a showcase project,” said Stephane Rambaud-Measson.

Bombardier’s work will be completed at its sites in Gorlitz, Hennigsdorf and Siegen, Germany.

More than 100,000 Bombardier trains are in operation in over 60 countries around the world. The train and plane manufacturer has annual revenue of some US$17.7 billion.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk

Dominion Lending Centres Clearlease Reports Bombardier (TSX:BBD.B) partners with Siemens for US$3B share of German rail contract

VANCOUVER, BC – (May 9, 2011) Clearlease Reports Bombardier Transportation has signed a framework agreement with Siemens AG for a US$3-billion share of a large German high-speed rail contract May 9, 2011.

The Berlin-based railway division of Bombardier Inc. (TSX:BBD.B) will become a partner to develop and supply components for up to 300 ICx high speed trains for Deutsche Bahn.

Two orders for 220 trains would be worth US$3 billion to Bombardier.

The framework agreement also includes an option for up to 80 additional trains that could be ordered until 2030.

Production will start in the summer of 2013.

Bombardier will supply Siemens with body shells, trailer bogies and complete final assembly of coaches.

The head of Bombardier’s passenger division said the technical solutions developed by the company will make a significant contribution to the project. For example, the aerodynamics and weight of the steel body shells will reduce energy consumption.

“The ICx will have a decisive influence on the future of long-distance travel in Germany and will be a showcase project,” said Stephane Rambaud-Measson.

Bombardier’s work will be completed at its sites in Gorlitz, Hennigsdorf and Siegen, Germany.

More than 100,000 Bombardier trains are in operation in over 60 countries around the world. The train and plane manufacturer has annual revenue of some US$17.7 billion.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk

Dominion Lending Centres Clearlease Reports Bombardier (TSX:BBD.B) partners with Siemens for US$3B share of German rail contract

VANCOUVER, BC – (May 9, 2011) Clearlease Reports Bombardier Transportation has signed a framework agreement with Siemens AG for a US$3-billion share of a large German high-speed rail contract May 9, 2011.

The Berlin-based railway division of Bombardier Inc. (TSX:BBD.B) will become a partner to develop and supply components for up to 300 ICx high speed trains for Deutsche Bahn.

Two orders for 220 trains would be worth US$3 billion to Bombardier.

The framework agreement also includes an option for up to 80 additional trains that could be ordered until 2030.

Production will start in the summer of 2013.

Bombardier will supply Siemens with body shells, trailer bogies and complete final assembly of coaches.

The head of Bombardier’s passenger division said the technical solutions developed by the company will make a significant contribution to the project. For example, the aerodynamics and weight of the steel body shells will reduce energy consumption.

“The ICx will have a decisive influence on the future of long-distance travel in Germany and will be a showcase project,” said Stephane Rambaud-Measson.

Bombardier’s work will be completed at its sites in Gorlitz, Hennigsdorf and Siegen, Germany.

More than 100,000 Bombardier trains are in operation in over 60 countries around the world. The train and plane manufacturer has annual revenue of some US$17.7 billion.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk



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