Welcome to our dedicated page for NFI GROUP news (Ticker: NFYEF), a resource for investors and traders seeking the latest updates and insights on NFI GROUP stock.
NFI Group Inc. reports developments tied to its bus and coach manufacturing business and its aftermarket parts and service operations. News commonly covers orders from public transit agencies for platforms such as Alexander Dennis Enviro500 double-deck buses and New Flyer Xcelsior compressed natural gas transit buses, along with backlog, production-rate, supply-chain and fleet-modernization updates.
Company updates also include quarterly and annual financial results, guidance commentary, manufacturing footprint actions, leadership changes within operating businesses such as Motor Coach Industries, and shareholder meeting matters including director elections.
New Flyer of America has secured a five-year contract with Pittsburgh Regional Transit for 15 battery-electric and 54 clean-diesel transit buses, totaling 138 equivalent units. This contract supports PRT's goal of transitioning to a zero-emission fleet by 2045. NFI will add 157 buses to its backlog, with options for up to 88 additional vehicles. The order is backed by Federal Transit Administration funds, promoting sustainable mass mobility. NFI has previously supplied over 130 buses to PRT, underscoring its commitment to advanced transit technology.
NFI Group Inc. (NFYEF) announced firm orders for 41 transit buses from the San Diego Metropolitan Transit System (MTS), expanding its backlog by 617 Equivalent Units (EUs). The contract includes 28 CNG buses and 13 battery-electric buses, aligned with MTS's goal to transition to a zero-emission fleet by 2040. Supported by Federal Transit Administration funds, this order complies with California's Innovative Clean Transit regulation. NFI has previously delivered over 840 buses to MTS, reinforcing a long-term partnership in sustainable mobility.