New Flyer Delivers 4,000th CNG Bus
Winnipeg, Manitoba, Canada, February 6, 2012; New Flyer Industries Inc. (TSX:NFI.UN) (New Flyer or the Company), the leading manufacturer of heavy-duty transit buses in Canada and the United States, delivered its 4,000th CNG bus in December, 2011.
This achievement comes for us at a pivotal point in the industry, said Paul Soubry, New Flyers President and Chief Executive Officer. Our customers are experiencing both economic and environmental pressures, and the interest in alternative fuels continues to grow. This milestone is not only an opportunity to celebrate our success, but is also reinforces our leadership in CNG bus manufacturing at a critical time when the industry needs it the most.
New Flyer has been building CNG buses since 1994, longer than any other heavy-duty bus manufacturer in Canada or the US. Over the past two decades, New Flyer has developed tremendous expertise, and, as a result, its CNG system is incredibly robust with significant demonstrated success in revenue service. More than 60 transit systems operate New Flyer CNG buses today.
New Flyer CNG buses offer many benefits not available from other bus manufacturers. New Flyers CNG system is specifically designed for New Flyer buses; it is not purchased from another supplier, which means it is part of the overall design and not an add-on. New Flyer is the only manufacturer to exceed todays CNG standards and safety requirements. As an example, although it is not required by law, New Flyers CNG system includes a fire detection system. New Flyer CNG buses are designed for a 350-400 mile range and its tanks are certified to 20 years instead of the standard 15 years. New Flyers overall plumbing system is very robust, yet simple in its design and execution, which results in fewer connections and fewer parts which minimizes leaks and failures.
Our CNG buses have the same aftermarket and service benefits as all New Flyer vehicles, continued Soubry. Our field teams have been working with these buses for almost twenty years and our aftermarket parts network is second-to-none, all of which ensures that we are providing the best bus value and support for life.
About New Flyer
New Flyer is the leading manufacturer of heavy-duty transit buses in Canada and the United States. The Companys three manufacturing facilities in Winnipeg, MB; St. Cloud, MN; and Crookston, MN are all ISO 9001, ISO 14001 and OHSAS 18001 certified. The Company currently operates a parts fabrication facility in Elkhart, IN, and four Parts Distribution Centers in Winnipeg, MB; Erlanger, KY; Fresno, CA and Brampton, ON.
With a skilled workforce of over 2,000 employees, New Flyer is a technology leader, offering the broadest product line in the industry, including drive systems powered by clean diesel, LNG, CNG and electric trolley as well as energy-efficient diesel-electric hybrid vehicles. All products are supported with an industry-leading, comprehensive parts and service network. Further information is available on New Flyers web site at www.newflyer.com.
The common shares of New Flyer are traded on the Toronto Stock Exchange (TSX) under the symbol NFI and the income deposit securities are traded on the TSX under the symbol NFI.UN.