New Canada-Germany Consortium to Bid on TTC's Red Rockets

    Consortium commits to assemble new streetcars in GTA using world-leading

    TORONTO, Nov. 9 /CNW/ - Vossloh Kiepe GmbH, a German-based world leader
in light rapid transit technologies, has teamed with a leading Canadian auto
parts maker, Martinrea International Inc. (TSX:MRE), to jointly submit a bid
to the Toronto Transit Commission (TTC) to build the next generation of Light
Rail Vehicles (LRVs).
    The TTC is expected to issue a Request for Proposal shortly to build 204
LRVs to replace the aging current fleet. A decision on the winning bidder is
expected next spring, for delivery of the first prototypes in early 2009.
Vossloh Kiepe is one of four companies who have pre-qualified with the TTC to
    Under the proposal between the consortium partners, Vaughan, Ont.-based
Martinrea will assemble the new streetcars and manufacture the frame and other
key components within the GTA. Vossloh Kiepe will design the vehicles and
provide an industry-leading propulsion system for the vehicles.
    Martinrea, Canada's third largest auto parts maker, currently
manufactures bus frames for Daimler's Orion Bus Industries in Mississauga.
    "In partnership with Martinrea, we will bring to TTC riders the best
light rail technology available anywhere, and put it together in the GTA,"
said Thomas Weber, Managing Director, Vossloh Kiepe. The company is a world
leader in the design and manufacturing of railway infrastructure products,
locomotives and electric propulsion systems for urban transit vehicles.
    Vossloh Kiepe recently delivered the last of 188 standard trolley buses
to the Greater Vancouver Transit Authority in partnership with New Flyer
Industries of Winnipeg, and is currently producing an additional 40
articulated trolley buses for the Authority. The company has built LRVs for
many transit systems worldwide, including low-floor vehicles in Leipzig,
Germany that, with modifications, are ready to meet Toronto's transit needs.
    "We are very enthusiastic about this opportunity to partner with Vossloh
Kiepe," said Mr. Nick Orlando, President and CFO of Martinrea. "Their
propulsion technology is second to none and their electric vehicle designs are
on the leading edge of European transit operations," he added. "This project
compliments our emergence into the public transportation sector and builds on
our significant presence in the automotive sector."

For further information:

For further information: Peter Maass, President, Vossloh Kiepe
Corporation, 14 Woodhill Crescent, Ottawa, ON, K1B 3B6, (613) 841-7732, (613)
841-9113 (FAX); Media Please Contact: Don Hogarth, Hogarth Communications,
(416) 565-8920

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