ST. CLOUD, MN, Aug. 8, 2019 /CNW/ - (TSX: NFI) New Flyer of
America Inc. ("New Flyer"), a subsidiary of NFI Group Inc. ("NFI"),
one of the world's leading independent global bus manufacturers,
today announced an order from the Connecticut Department of
Transportation ("CTDOT") for fifty, forty-foot heavy-duty
Xcelsior® clean-diesel buses (50 equivalent units or
"EUs"). The order converts 50 buses from the option backlog to firm
orders, with 61 units remaining in the option backlog.
The new buses, operating under the CTtransit name, replace older
vehicles in the fleet with newer, more fuel-efficient buses, and
are part of a five-year contract for 485 buses announced in 2016.
In addition to replacing older buses, CTDOT will integrate these
fifty buses into the current Hartford location bus fleet to service the
City of Hartford and surrounding
areas.
Since 1989, NFI has delivered over 750 buses and coaches to
CTDOT, including New Flyer transit buses and MCI motor coaches.
Over 420 of them are still in service.
"Having delivered over 670 transit buses to CTDOT over the past
three decades, New Flyer continues to support communities across
Connecticut with fully-accessible
transit buses in range of propulsions," said Chris Stoddart, President, New Flyer. "Our
Xcelsior model is safe, reliable, and proven, with over 10,000
models delivered and revenue service in excess of one billion miles
in North America. As CTDOT strives
to deliver the best possible passenger experience, we will continue
innovating our mobility solutions to keep Connecticut moving."
CTDOT provides public transit in eight urban areas across
Connecticut, delivering more than
27 million annual passenger trips and offering a range of
transportation demand management services under the name CTrides
including vanpooling, carpooling, and telecommuting.
New Flyer has been leading innovation in transit buses for
nearly 90 years. In 2017, it opened the Vehicle Innovation Center,
the first and only innovation lab of its kind dedicated to
advancing bus and coach technology, and in 2018 became the first
bus manufacturer in the world to sign on to the Shared Mobility
Principles for Livable Cities. It is the only provider of
full-suite bus solutions in North
America and has the broadest range of drive systems in
North America.
About NFI
With over 8,900 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 www.nfi.parts.
About New Flyer
New Flyer is North America's
heavy-duty transit bus leader and offers the most advanced product
line under the Xcelsior® and Xcelsior CHARGE™ brands. It
also offers infrastructure development through New Flyer
Infrastructure Solutions™, a service dedicated to providing safe,
sustainable, and reliable charging and mobility solutions. New
Flyer actively supports over 41,000 heavy-duty transit buses (New
Flyer, NABI, and Orion) currently in service, of which 7,300 are
powered by electric motors and battery propulsion and 1,600 are
zero-emission. Further information is available at
www.newflyer.com.
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 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 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 New Flyer of America Inc.