|
|
November 8, 2005
New Flyer Industries Inc. (TSX:NFI.UN), the leading manufacturer of heavy-duty transit vehicles in Canada and the United States, has been selected by TransLink, the Greater Vancouver Transportation Authority, to build up to 95 40-foot, compressed natural gas (CNG) heavy-duty buses for the Greater Vancouver area. The base order is for 73 vehicles, which has a contract value of CA$30 Million. TransLink and its subsidiaries are responsible for planning, financing and operating the regional transit system for the greater Vancouver area.
"We’ve seen our transit ridership jump by over 20 per cent in the last three years and this bus order is aimed at getting more service on the road by next September, " said TransLink Chair Doug McCallum. "Our Board takes TransLink’s mandate to preserve air quality very seriously, which is why we opted to go with CNGs for this order and consider that option for the 1,000 more buses we’ll be ordering in the next eight years," he said.
New Flyer has been providing Vancouver with transit buses for over thirty years. "We first built buses for TransLink’s predecessor, BC Hydro, in 1973, and over the years we have provided Vancouver with diesel and CNG buses as well as electric trolleys, in both 40-foot and 60-foot configurations," said John Marinucci, President and CEO of New Flyer. "We are proud of our long-standing relationship and are pleased that, after a diligent evaluation of competitive proposals, we were selected to deliver this most recent order."
These buses will feature New Flyer’s redesigned styling and will be delivered in mid-2006. In addition to this order, New Flyer is also manufacturing 228 electric trolley buses for Vancouver, for delivery beginning next year. Translink currently has 1168 buses in its fleet, 922 of which are New Flyer vehicles.
More News
|
