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To: KC Jones who wrote (1021)1/14/2002 7:46:34 AM
From: Al Collard of 4470
 
WPT-t...in the news:

Globe says Westport JV wins second Boston order

Mon 14 Jan 2002

The Globe and Mail reports in its Saturday, Jan. 12, edition that Cummins
Westport, a joint venture of Cummins and Westport Innovations of Vancouver,
has received a second order for low-emission natural gas transit bus
engines from Boston's Massachusetts Bay Transportation Authority. The
Globe's In Brief column reports that Cummins Westport said it will install
the 175 engines by 2004 in new buses manufactured by North American Bus
Industries of Anniston, Ala. The contract includes an option to double the
order. If the option is fully exercised, the number of engines involved
will increase to 598. North American Bus Industries is owned by
Budapest-based North American Bus Industries. Massachusetts secretary of
transportation and MBTA board chairman Kevin J. Sullivan said, "Governor
Jane Swift has directed the MBTA to become a truly environmentally friendly
transit agency." Westport stock has a 52-week trading range of $13 to
$2.52. At the beginning of last week Westport stock closed at $6 on the
Toronto Stock Exchange and traded as high as $7.10 on Wednesday, touching
$6 again intraday on Friday before finishing ahead 35 cents to $6.60.
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