Turbo Power Systems soars on 7.7m-dollar rail order

Shares in Turbo Power Systems(TPS) advanced sharply on Thursday after the AIM-listed engine and generator manufacturer received a further purchase order from Bombardier Transportation worth 7.7m dollars.

Shares in Turbo Power Systems(TPS) advanced sharply on Thursday after the AIM-listed engine and generator manufacturer received a further purchase order from Bombardier Transportation worth 7.7m dollars.

The company announced an initial contract with Bombardier Transportation in January 2007, in support of its contract with the Chicago Transit Authority, worth over $14.2m to supply auxiliary power units for its fleet of metro subway cars.

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