ST. CLOUD, MN, July 24, 2018 /CNW/ - (TSX: NFI) New Flyer of America Inc. ("New Flyer"), the U.S. subsidiary of NFI Group Inc. ("NFI"), the largest transit bus and motor coach manufacturer and parts distributor in North America, today announced that the Transit Authority of the City of Omaha ("Omaha Metro") has awarded New Flyer with an order for eighteen 35-foot Xcelsior® heavy-duty transit buses. The new buses, awarded in three separate orders, are a combination of compressed natural gas ("CNG"), which produces fewer pollutants than other types of fuel, and clean diesel, which uses a four-step process to filter harmful emissions.
The buses are also low-floor vehicles capable of "kneeling", making the boarding process more convenient and fully accessible, while maintaining Omaha Metro's 100 percent ADA accessible fleet. The order will replace older, existing buses with more efficient models.
"These new buses help Omaha Metro provide a transportation system that is citizen-focused, efficient, and well-managed," said Curt Simon, Executive Director of Omaha Metro.
The buses are a part of Omaha Metro's plan to reduce fleet emissions through replacement. In the last few months, Omaha Metro has replaced nine paratransit vans with CNG-powered vehicles and is in the process of installing 50 durable, solar-powered bus shelters. Upcoming improvements include GPS bus tracking and onboard Wi-Fi.
"New Flyer is proud to support Omaha Metro in upgrading its fleet with more economical, comfortable, and reliable vehicles," said Wayne Joseph, President, New Flyer of America. "We are thrilled to provide more low and no-emission buses that fit Omaha Metro's goals of providing accessible transit to all, with increased efficiency that helps conserve the environment."
Metro is responsible for the operation of fixed route, express/commuter bus downtown weekday rush hour, and Americans with Disabilities Act Complementary Paratransit Service within the city limits of Omaha. Its mass transit system includes approximately 4,000 posted bus stops and delivers over 4.5 million rides per year.
About NFI Group
With nearly 6,000 team members, operating from 31 facilities across Canada and the United States, NFI is North America's largest bus and motor coach manufacturer providing a comprehensive suite of mass transportation solutions under several brands: New Flyer® (heavy-duty transit buses), ARBOC® (low-floor cutaway and medium-duty buses), MCI® (motor coaches), and NFI Parts™ (parts, support, and service). NFI buses 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). For the fiscal year ended December 31, 2017, NFI posted revenues of US $2.4 billion. NFI common shares are traded on the Toronto Stock Exchange under the symbol NFI. News and information are available at www.nfigroup.com.
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. New Flyer actively supports over 44,000 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.
View original content with multimedia: http://www.newswire.ca/en/releases/archive/July2018/24/c4941.html
