New Flyer marks $50 million in total investments with Anniston ribbon cutting; celebrates 750 jobs

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November 30, 2018
St. Cloud, Minnesota, USA – November 30, 2018: (TSX: NFI) New Flyer of America Inc. (“New
Flyer”), a U.S. subsidiary of NFI Group Inc. (“NFI”), the largest transit bus and motor coach
manufacturer in North America, today cut the ribbon on a USD $25 million renovation and
expansion of its Anniston, Alabama advanced manufacturing facility.
The ribbon cutting opens an additional 76,000-square feet of space, bringing the total campus to
nearly 400,000-square feet of advanced manufacturing capacity and completing site readiness
for production of battery-electric transit buses. The expansion insources transit bus part
fabrication, centralizes the welding process, expands workspace for the administration team, and
adds Calhoun County’s first and only dine-in cafeteria amongst all manufacturers. Continuous
improvements were also completed throughout the existing plant to improve quality and supply
management, and to increase American-sourced components for New Flyer’s transit buses.
“The investment in our Anniston facility furthers New Flyer’s commitment to American jobs and
manufacturing, and reiterates our ability to build and deliver safe, reliable, and technologically

advanced transit buses,” said Wayne Joseph, President of New Flyer of America. “Our world-
class facility and outstanding people have allowed us to lead the industry in producing zero-
emission, battery-electric buses. We are committed to providing efficient, connected, and

sustainable mobility solutions to cities across America, and to supporting clean energy transit
solutions with manufacturing excellence.”
New Flyer’s Xcelsior CHARGETM zero-emission, battery electric demonstration transit bus, also
built in Anniston, was onsite for the occasion. The event follows New Flyer’s late 2017
announcement to invest USD $25 million into the manufacturing facility, which preceded the
opening of its Vehicle Innovation Center (“VIC”) in Anniston in October 2017. The VIC is America’s
first and only innovation lab dedicated to advancing bus and coach technology in the electric and
autonomous space. Since opening, the VIC has welcomed over 1,000 industry visitors, including
transit properties, regulator, media, suppliers, utility companies, and investors, and New Flyer
further invested $5 million to develop electric bus programming and production capacity.
Joining New Flyer of America President Wayne Joseph in lending remarks were U.S. Senator
Doug Jones, Anniston Mayor Jack Draper, and Calhoun County Economic Development Council
Executive Director Don Hopper.
“New Flyer is a leader in innovative transportation options and I congratulate the company on
completing this $25 million project at its Anniston campus,” said Senator Jones. “Particularly
exciting is the expansion’s Vehicle Innovation Center, which will serve as a laboratory for ideas
that could transform the way we travel every day. There’s no better place to start or expand a
cutting-edge business than Alabama and I am thrilled that New Flyer chose to continue investing
in our state’s exceptional workforce.”

The expansion builds on New Flyer’s commitment to investing in American infrastructure,
manufacturing, innovation, and jobs. Over the past year, jobs at its Anniston facility have grown
by nearly 30% to over 750 people. New Flyer proudly employs more American workers than any
bus manufacturer in North America.
The New Flyer of America Anniston campus, formerly North American Bus Industries, was
acquired by New Flyer in 2013 and consists of five buildings on 36 acres. It manufactures transit
buses from part fabrication to high-strength frame welding and final assembly. In 2015, New Flyer
invested USD $20 million to transform the campus to a world-class LEAN manufacturing site
capable of producing New Flyer’s Xcelsior® heavy-duty bus platform.
Combined with the $20 million invested in 2015 and $5 million spent on electric bus production
upgrades and programming over the past year, the expansion marks a total $50 million invested
in Anniston.
NFI has over 50 years of experience in manufacturing zero-emission buses (ZEBs), with more
electric buses on the road than any other manufacturer. It is the only provider of full suite bus
solutions in North America, offering transit, motor coach, and low-floor cutaway buses.
About NFI Group
With over 6,000 team members, operating from 31 facilities across Canada and the United States,
NFI is North America’s largest bus manufacturer providing a comprehensive suite of mass
transportation solutions under brands: New Flyer®

(heavy-duty transit buses), ARBOC®

(low-floor

cutaway and medium-duty buses), MCI®

(motor coaches), and NFI PartsTM (parts, support, and
service). NFI buses incorporate the widest range of drive systems available including: clean
diesel, natural gas, diesel-electric hybrid, and zero-emission electric (trolley, battery, and fuel cell)
on proven bus platforms. In total, NFI supports over 74,000 buses and coaches currently in
service across North America. For the fiscal year ended December 31, 2017, NFI posted
revenues of US $2.4 billion. NFI common shares are traded on the Toronto Stock Exchange under
the symbol NFI. News and information are available at www.nfigroup.com.
About New Flyer
New Flyer is North America's heavy-duty transit bus leader and offers the most advanced product
line under the Xcelsior® and Xcelsior CHARGETM brands. New Flyer actively supports over 41,000
heavy-duty transit buses (New Flyer, NABI, and Orion) currently in service, of which 7,300 are
powered by electric motors and battery propulsion and 1,600 are zero-emission. Further
information is available at www.newflyer.com.
For media inquiries, please contact:
Lindy Norris
P: 204.792.8424
Lindy_Norris@newflyer.com

For investor inquiries, please contact:
Stephen King
P: 204.224.6382
Stephen_King@newflyer.com

1330 Quintard Avenue
Anniston, AL 36201

PHONE: (256) 237-3536
FAX: (256) 237-0126

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