Tuesday, August 18, 2009

VRE taps MotivePower for 12 locomotives, option for 8

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Virginia Railway Express has awarded Wabtec Corp.'s MotivePower subsidiary an order for 12 MPXpress® passenger locomotives valued at $44 million. Delivery will begin in the summer of 2010. VRE has an option to acquire an additional eight locomotives, which would bring the total value of the order to more than $73 million.

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VRE used earmarked federal funds along with Federal Transit Administration, formula funds, and a recent award of stimulus money under the American Recovery and Reinvestment Act to increase its initial order from five locomotives to the current 12.

motivepower_logo.jpg"With our MPXpress® locomotives serving commuters throughout North America, we are pleased to be the proven industry standard with a safe, environmentally friendly, and highly reliable product that provides economic value to our customers," said Albert J. Neupaver, Wabtec's president and chief executive officer.

Since introducing the first MPXpress® model in 2003, MotivePower has continued to improve upon its technology and design. The MPXpress® meets the latest crashworthiness and safety standards recommended by the American Public Transportation Association.

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Dale Zehner, VRE's chief executive officer, said: "The acquisition of these state-of-the-art MotivePower MP-36 locomotives is the lynchpin in VRE taking that next step in modernizing our fleet while expanding the potential opportunities for service expansion. Once these units are in service, VRE will be poised to make our operation even more reliable. I am confident that these MotivePower locomotives (with their higher horsepower and increased Head End Power capacity) will be paramount in providing improved commuter rail service to the people of Virginia in the coming years."