Deal is worth up to $114 million
WINNIPEG: Heavy-duty transit bus manufacturer New Flyer Industries Inc has signed a new three-year agreement with Metrolinx for up to 287 diesel and/or diesel-electric hybrid 40-foot heavy-duty transit buses. The deal is worth up to C$114 million, with orders and deliveries under the agreement expected for 2011 and 2013. The Metrolinx contract is for New Flyer’s newest bus model, Xcelsior.
Metrolinx, based in Toronto, was created in 2006 and is an agency of the Ontario government. The agency works to integrate transportation in the Greater Toronto and Hamilton area. Several Ontario municipalities and regions are participants in this contract, including Barrie, Burlington, Durham Region, Hamilton, Kingston, London, Milton, North Bay, St Catharines, Welland, Windsor and York Region. Other municipalities may also participate providing they meet certain conditions. To date, the following transit systems have obtained board approval for purchases of buses to be built in 2011 as part of this contract:
This is the third contract awarded by Metrolinx, and all have been awarded to New Flyer. New Flyer has delivered a total of 378 buses to 13 Metrolinx participants under the first two contracts. “We are pleased to be awarded this contract for the third consecutive time from our long-standing customers in the Province of Ontario, and we look forward to continuing to build these valuable relationships,” said Paul Soubry, New Flyer’s president and CEO. “Ontario, and specifically Metrolinx, represents an important customer base for New Flyer and we’re committed to providing total support solutions to better serve this region and assist our customers in reducing their total bus cost of ownership.”