New Flyer Industries Inc. · Winnipeg, MB Canada ·(Toronto: NFI)
Company Description
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This link will open in a new window New Flyer Industries isn't just some token transit bus-maker. The company is one of North America's largest bus manufacturers; its heavy-duty transit buses and shuttles (used by airports, car rental agencies, and universities) traverse roads from Vancouver to Miami. New Flyer's line offers alternative bus designs for mass transit incorporating electric trolley, clean fuels (diesel, compressed natural gas, and liquid natural gas), and hybrid-electric engines. The company has three plants, in Canada and the US. Founded in 1930 as Western Auto and Truck Body Works, New Flyer was picked up by equity firms Harvest Partners and Lightyear Capital in 2004, and went public in 2005. Harvest subsequently exited its stake. To read the full description, subscribe now.
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Key New Flyer Industries Inc. Financials
| Company Type | Public - Toronto: NFI Headquarters |
| 2008 Sales (mil.) | $961.3 |
| Employees | 1,300 |
New Flyer Industries Inc. Executives
11 executives listed for New Flyer Industries Inc.'s Winnipeg, MB location.
| Title | Name & Bio | Contact |
| Chairman | Brian Tobin | Network |
| President and CEO | John Marinucci | Network |
| EVP Operations | Wayne Joseph | Network |
Competition
Competitive Landscape for New Flyer Industries Inc.
Heavy truck demand is driven by growth in the agriculture, manufacturing, construction, and retail sectors. Bus demand is driven by growth in the number of school-aged children and investment in public transportation systems. The profitability of individual companies depends on volume and sales of high-margin options. Small manufacturers compete by supplying parts to other assemblers or by offering highly customized products. The industry is capital-intensive: annual sales per employee are about $750,000. The industry competes with other forms of transportation, namely trains and planes, which also move freight and people over long distances. Reconditioned and used vehicles also compete with newly manufactured products, since equipment may have a useful life in excess of 1 million miles. To read the full description, subscribe now.Top New Flyer Industries Inc. Competitors
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