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Slide #11. New Flyer — Certain assets from Daimler Buses North America
New Flyer (TSE:NFI.CA)
Certain assets from Daimler Buses North America
New Flyer Industries Inc. ("New Flyer" or the "Company") announced today that it has acquired certain assets from Daimler Buses North America ("DBNA") relating to its Orion aftermarket parts business for heavy-duty transit buses.
NFI Group is a bus and coach manufacturer. Through its subsidiaries, New Flyer Industries Canada ULC, New Flyer of America Inc., Carfair Composites Inc. and TCB Enterprises, LLC., Co. designs and manufactures a variety of transit buses from 30-feet to 60-feet in length with diverse propulsion systems, including clean diesel, diesel-electric hybrid, compressed natural gas, battery-electric, electric trolley and hydrogen fuel cell electric. Co.'s subsidiary, Alexander Dennis Limited designs and manufactures lightweight single and double deck buses with a range of low and zero emission propulsions, including clean diesel, diesel-electric hybrid, biogas, and battery-electric.
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