WINNIPEG, Dec. 18, 2019 /CNW/ - (TSX: NFI) New Flyer
Industries Canada ULC ("New Flyer"), a subsidiary of NFI Group Inc.
("NFI"), one of the world's leading independent global bus
manufacturers, today announced that the City of Edmonton, the owner and operator of
Edmonton Transit Service ("ETS"), has awarded New Flyer a contract
for 35 sixty-foot Xcelsior® clean-diesel heavy-duty
transit buses (70 equivalent units or "EUs").
The order replaces end-of-life buses while also allowing ETS to
expand passenger capacity on select routes. New Flyer has delivered
1,130 buses to ETS since 1992, and successfully deployed clean
diesel buses in thirty-five, forty, and sixty-foot lengths to other
cities across Canada including
Vancouver, Calgary, and the City of Edmonton.
"As North America's leader in
fully-accessible, high-capacity transit, New Flyer is pleased to
continue supporting ETS as it expands transit across the community
with safe, reliable, and effective public transportation," said
Chris Stoddart, President, New
Flyer. "Our high-capacity Xcelsior buses provide more efficient
transit solutions while helping to transform the transit experience
for Edmonton's growing
community."
New Flyer's clean diesel buses feature engines that use a
four-step process to filter harmful emissions from the exhaust and
use leading engine technology that results in highly efficient,
virtually smoke-free engines, which can achieve low emissions and
help reduce particulate emissions by 90% and NOx emissions by
95%.
ETS is a fully integrated public transit system providing bus
and light rail service and delivering over 80 million rides each
year. ETS is on the cusp of major modernization and will be rolling
out an entirely new bus network in 2020 with more direct, more
frequent, and more convenient service to grow transit ridership in
Edmonton.
New Flyer is the only manufacturer in North America to offer a complete range of
clean propulsion systems in both conventional and articulated
transit buses. 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.
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 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 NFI Group Inc.