New Flyer's leading mobility solutions,
including buses and technology, now available to all Florida transit agencies through simplified
procurement
ST. CLOUD, MN, Feb. 6, 2020 /CNW/ - (TSX: NFI) New Flyer of
America Inc. ("New Flyer"), a subsidiary of NFI Group Inc. ("NFI"),
one of the world's leading independent global bus manufacturers,
today announced that New Flyer has been selected by the Florida
State Government as an approved supplier of heavy-duty transit
buses to the State of Florida Heavy-Duty Transit Bus Consortium
("the contract").
The contract was procured through the Jacksonville
Transportation Authority ("JTA"), and simplifies the procurement of
heavy-duty transit buses for any transit authority, or any city,
county, or State government agency within the State of Florida for up to five (5) years,
including a base term of two (2) years with options to extend for
three (3) additional one-year (1) periods. Under the contract, New
Flyer can provide a wide range of products on its proven
Xcelsior® platform, including thirty-five-foot and
forty-foot buses offered in low-emission diesel-electric hybrid,
low-emission compressed natural gas ("CNG"), and clean diesel
propulsions.
"We are excited to continue supporting Florida's leading transit agencies, in pursuit
of reliable mobility solutions," said Chris
Stoddart, President, New Flyer. "We commend JTA and the
State of Florida on their
continued commitment to delivering safe, efficient buses that will
provide more accessible transportation, a stronger economy, and a
higher quality of life for communities all across Florida."
Since 1994, New Flyer has delivered over 1,850 buses in the
state of Florida, with NFI
supporting buses and coaches through its team of local technicians
across the state, in addition to its Florida service location in Winter Garden. In total, Florida's public transit systems deliver
nearly 218 million annual passenger trips each year through 30
urban transit systems and 20 rural transit systems across the
state1.
The contract aligns with New Flyer's strategy of supporting
state procurements and cooperative purchasing agreements, from
which transit agencies within a prescribed region or defined list
can purchase. These contracts, however, are not recorded in backlog
as they do not have defined quantities allocated to NFI, or any
other original equipment manufacturer. Once an agency purchases a
bus under one of these agreements, the purchase is recorded as a
firm order.
In alignment with the JTA Disadvantaged Business Enterprise
("DBE") Program, New Flyer remains proudly committed to partnering
with DBE firms, or those operated by socially and economically
disadvantaged persons, including minority and women-owned
businesses ("MBE" and "WBE"), to advance fair and inclusive
procurement opportunities. In addition, in January 2020 New Flyer announced an expansion to
its partnership with the Transportation Diversity Council, focused
on its forthcoming national Community Benefits Framework that will
build on existing workforce diversity and workforce development
initiatives to administer local agreements with transit agencies,
community partners, and local agencies to support communities. For
more information on New Flyer's social governance initiatives and
performance, visit the NFI Environmental Social Governance Report
at nfigroup.com/ESGR2019.
New Flyer has been leading innovation in mobility for nearly 90
years, and today supports North
America's growing cities with sustainable buses, technology,
and infrastructure. It also operates the Vehicle Innovation Center,
the first and only innovation lab of its kind dedicated to
advancing bus technology, and is currently developing automated bus
technology to improve safety in public transit. In 2018, New Flyer
became the first bus manufacturer in the world to sign on to the
Shared Mobility Principles for Livable Cities.
_____________________________
|
1 Florida Department of
Transportation:
https://fdotwww.blob.core.windows.net/sitefinity/docs/default-source/planning/fto/sourcebook/2019sourcebook.pdf
|
About NFI
With 9,000 team members operating from more than 50 facilities
across ten countries, NFI is a leading independent global bus
manufacturer providing a comprehensive suite of mass transportation
solutions under brands: New Flyer® (heavy-duty transit
buses), Alexander Dennis Limited (single and double-deck buses),
Plaxton (motor coaches), MCI® (motor coaches),
ARBOC® (low-floor cutaway and medium-duty buses), and
NFI Parts™. NFI buses and motor coaches incorporate the widest
range of drive systems available including: clean diesel, natural
gas, diesel-electric hybrid, and zero-emission electric (trolley,
battery, and fuel cell). In total, NFI now supports over
105,000 buses and coaches currently in service around the world.
NFI common shares are traded on the Toronto Stock Exchange under
the symbol NFI. News and information are available at
www.nfigroup.com, www.newflyer.com, www.mcicoach.com,
www.arbocsv.com, www.alexander-dennis.com, and www.nfi.parts.
About New Flyer
New Flyer is North America's
heavy-duty transit bus leader and offers the most advanced product
line under the Xcelsior® and Xcelsior CHARGE™ brands. It
also offers infrastructure development through New Flyer
Infrastructure Solutions™, a service dedicated to providing safe,
sustainable, and reliable charging and mobility solutions. New
Flyer actively supports over 41,000 heavy-duty transit buses (New
Flyer, NABI, and Orion) currently in service, of which 7,300 are
powered by electric motors and battery propulsion and 1,600 are
zero-emission. Further information is available 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 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.