ST. CLOUD, MN, Sept. 18, 2017 /CNW/ - (TSX: NFI) New Flyer of
America Inc. ("New Flyer"), the U.S. subsidiary of New Flyer
Industries Inc. (the "Company"), the largest transit bus and motor
coach manufacturer and parts distributor in North America, today announced that the County
of Fairfax Department of Transportation has awarded New Flyer with
a contract for 14 Xcelsior® clean diesel,
thirty-five and forty-foot heavy-duty transit buses.
The buses, which will be deployed on the Fairfax Connector bus
network, include four forty-foot and ten
thirty-five foot Xcelsior buses that will support
Fairfax County's scheduled fleet
replacement.
The contract incorporates fleet expansion that will introduce
the latest technology in emission standards with diesel-electric
hybrids anticipated in the option purchase, which is also available
to other agencies in the Metropolitan Washington area. The option
for up to 500 additional buses purchased over the five-year
contract period contains additional one-year renewals in the
subsequent five-year period.
"We are extremely pleased to support the County of Fairfax as it replaces and enhances its bus
fleet," said Wayne Joseph,
President, New Flyer of America. "We are specifically proud to
partner on exploring hybrid transit bus technologies as a
sustainable public transit solution, that will allow the County to
expand its fleet with proven hybrid technology that helps reduce
emissions in the Fairfax
community."
Fairfax County Connector is the largest public transit fleet in
Virginia, moving over nine million
riders per year over 180 square miles in Fairfax County.
About The Company
The Company is the largest transit bus and motor coach
manufacturer and parts distributor in North America with 24 fabrication,
manufacturing, distribution and service centers across America. It
employs over 5,400 team members.
The Company is North America's
heavy-duty transit bus leader and offers the broadest transit bus
product line under the brand Xcelsior®, incorporating
the broadest range of drive systems available, including: clean
diesel, natural gas, diesel-electric hybrid, trolley-electric, and
battery-electric. New Flyer actively supports over 44,000
heavy-duty transit buses (New Flyer, NABI, and Orion) currently in
service, of which 6,400 are powered by electric and battery
propulsion.
The Company is also North
America's motor coach market leader offering the Motor Coach
Industries (MCI) J-Series, the industry's best-selling intercity
coach for 11 consecutive years, and the MCI D-Series, the
industry's best-selling motor coach line in North American history.
MCI is also the exclusive distributor of Daimler's Setra S 417 and
S 407 motor coaches in the United
States and Canada. MCI
actively supports over 28,000 coaches currently in service.
The Company operates North
America's most comprehensive aftermarket parts organization
providing support for all types of transit buses and motor coaches.
All buses and coaches are supported by an industry-leading
comprehensive warranty, service, and support network.
Further information is available on the Company's websites at
www.newflyer.com and www.mcicoach.com. The common shares of the
Company are traded on the Toronto Stock Exchange under the symbol
NFI.
Forward-Looking Statements
This press release may contain forward-looking statements
relating to expected future events and financial and operating
results of the Company 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 to purchase parts
or services, customers may not exercise options to purchase
additional buses, 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 Company 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 New Flyer Industries Inc.