29 Jun 2022

NFI Provides Update on its Credit Facilities Amendment Discussions and Timing

WINNIPEG, Manitoba, June 29, 2022 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today provided an update on discussions with its banking partners regarding amendments to the Company’s credit facilities. NFI believes the discussions are advancing well, with draft terms prepared and reviewed by NFI ...
29 Jun 2022

NFI named one of Best 50 Corporate Citizens in Canada by Corporate Knights

WINNIPEG, Manitoba, June 29, 2022 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that it has been ranked among Corporate Knights’ 2022 Best 50 Corporate Citizens in Canada. The Best 50 Corporate Citizens represent a rising standard and ambition for corporate sustainability leadership in Canada. To ...
21 Jun 2022

Minnesota’s Jefferson Lines orders 7 more MCI D4520 motor coaches from NFI

Des Plaines, Illinois, USA – June 21, 2022: (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) Motor Coach Industries (“MCI”), a subsidiary of NFI Group Inc. (“NFI”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that Jefferson Partners L.P. (operating as “Jefferson Lines”) has exercised options for seven MCI® D4520 clean-diesel motor coaches. Jefferson Lines is one of America’s largest mot...
17 Jun 2022

NFI to release second quarter 2022 financial results and host conference call on August 3, 2022

WINNIPEG, Manitoba, June 17, 2022 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF; TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that it will release its second quarter 2022 financial results on Wednesday, August 3, 2022, prior to market open. A conference call for analysts and interested listeners will be held on August 3, 2022...
16 Jun 2022

NFI receives first order from California’s Porterville Transit for 3 zero-emission buses

Agency joins 11 others in California purchasing New Flyer ZEBs  St. Cloud, Minnesota, USA – June 16, 2022: (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that its subsidiary New Flyer of America Inc. (“New Flyer”) has received a contract from Porterville Transit, operated by the City of Porterville, for ...
15 Jun 2022

NFI Group Inc. Announces Second Quarter 2022 Dividend

WINNIPEG, Manitoba, June 15, 2022 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF; TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today declared a quarterly dividend for the period April 1, 2022 to June 30, 2022 on the common shares of the Company (the “Shares”) in the amount of C$0.0531 per Share to holders of record at the close of business on ...
13 Jun 2022

NFI receives order for 95 Xcelsior® buses from Washington DC Region’s Metro

ST. CLOUD, Minn., June 13, 2022 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that Washington Metropolitan Area Transit Authority (“Metro”) has ordered 95 Xcelsior® forty-foot heavy-duty transit buses from New Flyer of America Inc. (“New Flyer”) in the final year of its existing five-year contract ...
27 May 2022

NFI subsidiary ADL announces delivery of 1000th BYD ADL electric bus

WINNIPEG, Manitoba, May 27, 2022 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, subsidiary Alexander Dennis Limited (“ADL”) and BYD UK jointly announced today that their electric vehicle partnership, the UK’s leading electric bus producer, has delivered its 1000th zero-emission bus. ADL and BYD UK have been working...
25 May 2022

NFI releases its Environmental, Social and Governance Report for 2021

WINNIPEG, Manitoba, May 25, 2022 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today released its Environmental, Social and Governance (“ESG”) Report for 2021 (“ESG Report” or “Report”), which can be found at https://www.nfigroup.com/esg/. “As leaders in transportation solutions, NFI plays a critical role in dr...
19 May 2022

NFI Provides Update on NFI Forward 2.0 Business Transformation Initiatives

WINNIPEG, Manitoba, May 19, 2022 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced an update regarding “NFI Forward 2.0”, a series of new projects that are part of the Company’s business optimization and cost reduction initiatives. Today’s announcement includes the closure of the Motor...
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