ST. CLOUD, MN, Aug. 12, 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 a new contract for 75 clean-diesel, forty-foot
Xcelsior® heavy-duty transit buses for Pace Suburban Bus
("Pace").
The new fleet will replace older buses currently in operation,
while growing Pace's service footprint to support its Vision 2020
strategic plan which outlines a more efficient long-range network
that is convenient and easy for passengers to understand.
"Public transit plays a critical role in developing smart
mobility solutions for growing cities, and as the backbone of
Chicago's suburbs, Pace is
establishing the foundation for mobility to more than 8 million
residents," said Chris Stoddart,
President, New Flyer. "As part of its network and service
expansion, we are thrilled to support Pace with its first ever
order for New Flyer's safe, reliable, and fully accessible Xcelsior
transit buses that will significantly improve the passenger
experience."
"We are delighted to modernize our fleet with new Xcelsior buses
from New Flyer," said Rocky Donahue,
Pace's Executive Director. "These clean-diesel buses use ultra-low
sulfur fuel with a four-step filtration process to remove harmful
emissions from the exhaust, adding to our inventory of
emission-reducing buses. These vehicles support our mission to be a
good steward of the environment."
Pace is the suburban bus division and regional paratransit
provider of the Regional Transportation Authority in the
Chicago metropolitan area,
covering six counties over 3,400 square miles and providing
over 35 million passenger trips per year. Pace's family of public
transportation services includes vanpool, rideshare matching,
community-based transportation programs, and also recently expanded
with Pulse, Pace's new rapid transit network. Pace, an industry
leader, was named a 2019 Clean Fuels Champion by Chicago Area Clean
Cities (CACC), a nonprofit coalition dedicated to promoting
clean-vehicles and clean-air solutions for transportation.
Pace also operates nearly 40 over-the-road coaches from Motor
Coach Industries, another NFI subsidiary.
New Flyer has been leading innovation in transit 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, offering transit
buses, motor coaches, and low-floor cutaway buses.
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.