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August 11, 2010
New Flyer Adds Industry Veteran to Parts Sales Leadership
Winnipeg, Manitoba, Canada, August 11, 2010; 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, is pleased
to announce the appointment of Craig Parsley to the newly-created
position of Parts Sales Manager. Craig reports to Kerri Moloney, Sales
and Business Development Manager of New Flyer Parts.
Craig brings over 30 years of bus manufacturing and parts distribution
experience, having begun his career with New Flyer in 1976, where he
held positions in Production, Engineering, Field Service and Parts.
Craig continued his career in a range of senior positions in parts
sales and product development roles with Target Transit Supply and
Baker Transit Parts, serving customers in both Canada and the U.S. In
addition, he has demonstrated success as a sales manager and brings
expertise in the global supply industry.
“We are very happy to have Craig rejoin the New Flyer team, where he
started his career,” said Hans Peper, Executive Vice President of
Customer Services. “Craig brings 34 years of valuable and focused
industry experience, and will be an asset as we continue to develop our
parts offering and provide superior customer service. Our mission is
to deliver the best bus value and support for life, and providing
comprehensive aftermarket parts is a critical element to the success of
this mission.”
Craig will be leading the Parts Field Sales efforts for New Flyer in
Canada and in the U.S. This organizational addition is another step
forward by New Flyer to continue our growth and leadership in the
aftermarket parts and services industry.
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 2,000
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
gasoline-electric and diesel-electric hybrid vehicles. All products are
supported with an industry-leading, comprehensive parts and service
network. The Company’s income deposit securities 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 New Flyer
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, New Flyer 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.
Glenn Asham
Chief Financial Officer
Tel: 204-224-1251
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