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united group wins over 127 million in new rolling Another positive ann today :))

United Group Wins over $127 million in New Rolling Stock Contracts

Leading infrastructure and industrial services company United Group Limited (ASX; UGL) today announced that its rail division, United Group Rail has been awarded over $127 million in new wagon and locomotive rolling stock contracts in the competitive, iron ore-rich Pilbara region of Western Australia.

The contracts comprise 480 iron ore wagons with the latest in heavy haul bogie technology from Standard Car Truck Company (SCT) for BHP Billiton, and 15 locomotives in conjunction with long term technology partner GE – Transportation for TPI (The Pilbara Infrastructure), a wholly owned subsidiary of the Fortescue Metals Group.

Contracts include:

Customer Project

BHP Billiton 480 heavy duty ‘Gondola’, Golynx design iron ore wagons for BHP Billiton's ‘Rapid Growth Project 3’. These follow on from the 2000 already produced which allow BHP Billiton to transport the incremental capacity from the project. The wagons will be produced at United Group Rail’s Bassendean facility in Perth and incorporate the latest heavy axle-load bogies from SCT.
TPI 15 GE Dash 9 locomotives for TPI which have been ‘tried and tested’ in conjunction with key locomotive technology partner GE - Transportation in the harsh Pilbara heavy-haul environment, noted as being one of the toughest in the world.

The locomotives will form the motive power to haul iron ore wagons from the proposed mine site in the Pilbara to the new Port Hedland port facility.

United Group Managing Director and Chief Executive Officer Mr Richard Leupen said, “The Pilbara is one of the world’s largest iron ore resource bases and we retain a strong position in the rail freight transport sector in this area which, in just 40 years, has produced over 3,500 million tonnes of iron ore. “

We will also continue to develop relationships with our customers and long term technology partners such as GE – Transportation and SCT, who not only understand the harsh conditions of the Pilbara region, but also know our own high standards of service delivery in relation to performance and reliability.”

United Group Rail is now one of the leading rail companies in Australia. Our strategy of nurturing technology alliances with key global technology partners such as SCT and GE - Transportation in freight, and Mitsubishi Electric in relation to passenger rolling stock, means that we can deliver cost-effective rail solutions that enhance our customers’ operational performance.

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