Le Lézard
Classified in: Transportation, Business
Subject: CON

Orange County expands California's zero-emission footprint with another order from New Flyer


ST. CLOUD, MN, April 25, 2018 /CNW/ - (TSX: NFI) New Flyer of America Inc. ("New Flyer"), the U.S. subsidiary of New Flyer Industries Inc. ("NFI Group"), the largest transit bus and motor coach manufacturer and parts distributor in North America, today announced that the Orange County Transportation Authority ("OCTA") has awarded New Flyer a contract for 10 Xcelsior® hydrogen fuel cell electric, forty-foot, heavy-duty transit buses (10 equivalent units).

New Flyer of America (CNW Group/New Flyer of America Inc.)

The new order helps expand the zero-emission footprint of public transportation across California, and adds sustainability to OCTA's current fleet of just over 500 buses, which will serve communities throughout Anaheim, Garden Grove, Orange, Santa Ana, and Westminster.

OCTA and New Flyer are partners in the Fuel Cell Electric Bus Commercialization Consortium ("FCEBCC") project. This project is sponsored by a grant from the California Air Resources Board ("CARB") and is supported by the "California Climate Investments" (CCI) program. CCI is a statewide project that puts billions of Cap-and-Trade dollars to work reducing greenhouse gas emissions, strengthening the economy, and improving public health and the environment, particularly in disadvantaged communities. Additional funding for the project comes from OCTA and the South Coast Air Quality Management District. The FCEBCC project is managed by the non-profit Center for Transportation and the Environment ("CTE").

"New Flyer is proud to support the Orange County Transportation Authority in developing its fleet of zero-emission buses that help preserve the environment in California," said Wayne Joseph, President, New Flyer of America. "We remain committed to building sustainable transportation across America through advanced innovation and industry collaboration, and to supporting California in its pursuit of zero-emission transportation."

OCTA serves 34 cities and unincorporated areas of Orange County, covering transportation within the state's third-largest county and supporting nearly 40 million passengers per year.

The NFI Group has over 50 years of experience in manufacturing zero-emission buses (ZEBs), and is the only bus manufacturer in North America to manufacture all three types of zero emission buses (battery electric, fuel cell electric, and trolley electric). It offers four locations in California to support customers with bus service, parts, and manufacturing support, located in Ontario, Los Alamitos, Fresno, and the Bay Area (Hayward). 

About NFI Group

NFI Group and its subsidiaries comprise the largest bus and motor coach manufacturer and parts distributor in North America, with 32 fabrication, manufacturing, distribution, and service centers located across Canada and the United States and employing nearly 6,000 team members.

NFI Group provides 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 Partstm (bus and coach parts, support, and service). NFI Group's vehicles incorporate the widest range of drive systems available ranging from clean diesel, natural gas, diesel-electric hybrid, trolley-electric, battery-electric, and fuel cell-electric.

Further information is available at www.newflyer.com, www.arbocsv.com, and www.mcicoach.com. The common shares of NFI Group are traded on the Toronto Stock Exchange under the symbol NFI.

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.


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