DES PLAINES, Ill., June 12, 2020 /CNW/ - (TSX: NFI)
Motor Coach Industries (MCI), a U.S. subsidiary of NFI Group Inc.,
("NFI"), one of the world's largest independent global bus
manufacturers, announced today that NJ TRANSIT issued a purchase
order for 334 new MCI D4500 Commuter Coaches in year five of its
six-year MCI contract.
As the nation's largest statewide public transit agency
continues to replace older MCI commuter coach models that have
reached their useful life, this order nearly doubles the 183
Commuter Coaches ordered in 2019. NJ TRANSIT is replacing many
40-foot models with MCI's new generation of efficient and
comfortable 45-foot Commuter Coaches, which provide increased
capacity with improved maintenance and operating costs.
This new 2020 MCI Commuter Coach order will be powered by the
next-generation, clean-diesel Cummins X12 engine, which is quieter
and offers increased fuel economy and lower emissions. The MCI
Commuter Coach model also features a 57-seat configuration, is
Wi-Fi ready, seatbelt-equipped and compliant with Americans with
Disabilities Act (ADA). MCI will begin production of this order in
September.
"NJ TRANSIT continues to raise the bar in providing its
ridership with a safe, comfortable and efficient commute as well an
enhanced transportation experience. MCI is proud to support NJ
TRANSIT and its riders," said Tom Wagner MCI Vice President of
Public Sector.
In 2015, MCI was awarded a new six-year contract for a total
potential order of 1,222 fully accessible, ADA-compliant commuter
coaches. Over the past four years, 614 MCI vehicles have been
delivered so far with 92 units still to be delivered in the next
few months. As part of the agreement, MCI provides field
service for the coaches from its service center located in
Blackwood, NJ and parts support
from NFI Parts' distribution center in East Brunswick, NJ. MCI has served NJ TRANSIT
since 1983, delivering nearly 3,000 high-floor Commuter Coaches to
the agency over nearly four decades.
NJ TRANSIT provides more than 925,000 weekday trips on 253 bus
routes, three light rail lines, 12 commuter rail lines and through
Access Link paratransit service. It is the third largest transit
system in the country with 166 rail stations, 62 light rail
stations and more than 19,000 bus stops linking major points in
New Jersey, New York and Philadelphia.
The agency operates a fleet of more than 2,200 buses covering
some 253 routes. With its full complement of buses, trains and
light rail vehicles, NJ TRANSIT completes over 267 million
passenger trips each year. In January
2019, NJ TRANSIT awarded New Flyer, also a subsidiary of the
NFI Group, a contract for up to 170 clean diesel Xcelsior® 60-foot
heavy-duty transit buses to be delivered through 2020.
About NFI
With 9,000 team members operating from more than 50 facilities
across ten countries, NFI is a leading independent global bus
manufacturer providing a comprehensive suite of mass transportation
solutions under brands: New Flyer® (heavy-duty transit buses),
Alexander Dennis Limited (single and double-deck buses), Plaxton
(motor coaches), MCI® (motor coaches), ARBOC® (low-floor cutaway
and medium-duty buses), and NFI Parts™. NFI buses and motor coaches
incorporate the widest range of drive systems available including:
clean diesel, natural gas, diesel-electric hybrid, and
zero-emission electric (trolley, battery, and fuel cell). In total,
NFI now supports over 105,000 buses and coaches currently in
service around the world. NFI common shares are traded on the
Toronto Stock Exchange under the symbol NFI. News and information
are available at www.nfigroup.com, www.newflyer.com,
www.mcicoach.com, www.arbocsv.com, www.alexander-dennis.com, and
nfi.parts.
About MCI
Motor Coach Industries (MCI) is North
America's public and private market motor coach leader,
building the J4500 (the industry best-seller for 14 consecutive
years), the all-new 35-foot J3500 model, and the workhorse D-Series
including the breakthrough ADA-accessible MCI D45 CRT LE Commuter
Coach offering lower dwell times. MCI will add battery-electric
propulsion in 2020. With nearly 30,000 MCI coaches on the road, MCI
also provides maintenance, repair, 24-hour roadside assistance,
parts supply through NFI Parts, and technician training through the
industry's only Automotive Service Excellence (ASE) accredited MCI
Academy,
Forward-Looking Statements
This press release may contain forward-looking statements
relating to expected future events and financial and operating
results of NFI Group that involve risks and uncertainties. Although
the forward-looking statements contained in this press release are
based upon what management believes to be reasonable assumptions,
investors cannot be assured that actual results will be consistent
with these forward-looking statements, and the differences may be
material. Actual results may differ materially from management
expectations as projected in such forward-looking statements for a
variety of reasons, including market and general economic
conditions and economic conditions of and funding availability for
customers to purchase buses and coaches and to purchase parts or
services, customers may not exercise options to purchase additional
buses and coaches, the ability of customers to suspend or terminate
contracts for convenience and the other risks and uncertainties
discussed in the materials filed with the Canadian securities
regulatory authorities and available on SEDAR at www.sedar.com. Due
to the potential impact of these factors, the NFI Group disclaims
any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, unless required by applicable law.
SOURCE NFI Group Inc.