New Flyer making more buses for Los Angeles
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Hey there, time traveller!
This article was published 11/02/2016 (2990 days ago), so information in it may no longer be current.
New Flyer Industries Inc. is going to build another 350 buses for the Los Angeles County Metropolitan Transit Authority (LA Metro).
The new round of production of heavy-duty 40-foot compressed natural gas buses for LA Metro is valued at $180 million US and will be delivered by the end of 2016.
This latest order constitutes exercised options from a contract originally signed in 2013 that included 550 firm bus orders that have been delivered.
That entire contract with LA Metro will end up being be worth a total of about $500 million in revenue to New Flyer when it is completed at the end of the year.
LA Metro’s transit fleet includes a total of 2,160 heavy-duty buses currently in operation of which nearly 95 per cent have been built by New Flyer or its subsidiary NABI.
