Winnipeg, Manitoba, Canada, 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, will be opening a new Parts Distribution Center (“PDC”) in
Fresno, CA on July 1, 2009. This is the
third PDC for New Flyer Parts; the other two PDCs are in Winnipeg,
MB and Erlanger,
KY.
“We are thrilled to be able to
improve our service to our customers,” said Hans
Peper, Executive Vice President of Customer Services. “This new facility allows us to significantly
reduce part delivery times. This
localized inventory may also allow customers to reduce stock levels and
inventory costs, which are additional benefits.” The Fresno PDC is planning to carry the
majority of the inventory used by customers on the US West Coast. This opening represents another step in New
Flyer’s long-term strategy of providing industry-leading customer support.
In 2008, New Flyer opened its
second PDC in Erlanger, Kentucky, and the response has been very
positive. Both the Erlanger and Fresno locations were
selected because of their geographic locations and access to major highways,
airports and shipping routes, which provide faster shipping and better
service.
With the opening of this third
PDC, New Flyer now offers two-day ground service to the majority of customers
in both the US and Canada, which is unique within the transit industry. “The transition for our customers will be
seamless,” said Cathy Bambrick,
Director of New Flyer Parts. “Customers will
continue to contact their regular Account Managers and Customer Service Teams. Our distribution strategy is focused on decreased
transit time, allowing our customers to get their buses back on the road
sooner.”
New Flyer Parts is a critical part
of the New Flyer’s Customer Services Group which employs over 150 dedicated
team members. It provides genuine original equipment and specialty brands of
service parts to all makes and models of transit buses, as well as special
inventory planning services to its customer base.
About New
Flyer
New Flyer is the leading
manufacturer of heavy-duty transit buses in the United
States and Canada. The Company’s three
facilities -- in Winnipeg, MB, St. Cloud, MN and Crookston, MN - are all ISO
9001, ISO 14001 and OHSAS 18001 certified. With a skilled workforce of over 2,500
employees, NFI 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 gasoline-electric and
diesel-electric hybrid vehicles. All products are supported with an
industry-leading, comprehensive parts and service network. The income deposit securities
of New Flyer Industries Inc. (“NFI”) are traded on the Toronto Stock Exchange
under the symbol NFI.UN. Further information is available on Company’s web site
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 and New Flyer Industries Canada ULC (“NFI ULC”) 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 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, NFI and NFI ULC disclaim 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.
For further information, please contact:
New Flyer Industries Inc.
Hans Peper
Executive Vice President, Customer
Services
204-982-8409
