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New Flyer secures $28M initial order for 42 buses from Vancouver’s TransLink

WINNIPEG – Bus manufacturer New Flyer Industries Inc. (TSX:NFI) says it has secured a $28-million contract to provide buses for Vancouver’s TransLink with the possibility of future orders as the transit provider works to accommodate an influx of ridership.

Winnipeg-based New Flyer said Wednesday it has received an initial order of 42 buses from Vancouver’s South Coast British Columbia Transportation and the contract provides for up to 87 buses.

The buses, which will be delivered to operators West Vancouver Transit and Richmond Transit, will be delivered in the fourth quarter of 2012 and first half of 2013.

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“TransLink has done an outstanding job of promoting and growing transit services for the residents of Metro Vancouver,” said Paul Soubry, New Flyer’s president and chief executive officer.

“TransLink and New Flyer have a long working relationship, with over 70 per cent of TransLink’s fleet consisting of New Flyer buses. This is our first order from Vancouver since 2008, and we are extremely proud to once again be selected to support TransLink.”

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New Flyer says the buses ordered have more forward-facing seats, bright interior LED lighting and low interior noise levels.

New Flyer has delivered more than 31,000 heavy-duty transit buses in Canada and the United States. The company employs some 2,200 people at three manufacturing facilities, in Winnipeg, Man., St. Cloud, MN and Crookston, MN as well as several parts fabrication facilities across North America.

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