Re: Who is HSmith, Goninans and FV

[alco@acay.com.au]

Todays Sydney Morning Herald reported that Gonninans "could add an estimated
$2.5M if the company picks up the $30M maintanence contract for the
successful consortium that recently bought the privatised V/Line Freight
assets in Victoria". I thought Gonninans were partners in this but it seems
this may not be the case. Now for the interesting bit. Motive power
Industries were previously Morrison Knudson. They are on a world wide buying
spree and are growing week by week. It could well be that these guys bought
in after Gonninans backed out. Has anyone else heard the story that Maquarie
Bank also pulled out of the Freight Victoria consortium? Cheers

Bob


In article <36f8fde0.7570312@news.enternet.com.au>,
  steam4me@enternet.com.au wrote:
> alco@acay.com.au wrote, and I selectively quote:
>
> >It is now official.  Goninans is up for sale.  Faced with the prospect
> >of no new contracts in the next year Howard Smith Industries has
> >decided to sell up.
>
> UNCONFIRMED RUMOUR:        SET MODE ON
>
> I recently heard a rumour that all of VLF's locos and the Dynon Loco
> Depot have been on-sold to a company called Motive Power Incorporated
> and that FV would lease locos back from MPI as and when required.  The
> same rumour monger also said that Goninans had not yet put their
> shekels on the table yet for their share of the purchase of VLF by the
> FV consortium.
>
> UNCONFIRMED RUMOUR:      SET MODE OFF
>
> Is there a company called Motive Power Inc?  Do they have a presence
> in Aus or Vic yet? (or is it another name for Austrac, Great Northern,
> Rail Technical Services, Genesee & Wyoming, Wisconsin Central)
>
> Regards
>
> Yuri
> --
> ==================================
> Yuri J Sos
> Melbourne VIC AUS
>
> Reply to: steam4me@enternet.com.au
>
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