NFI Group Inc - Company Profile

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NFI Group Inc (NFI), formerly New Flyer Industries Inc, is a manufacturer and distributor of heavy-duty transit buses and motor coaches. The company also provides maintenance services, training, documentation and aftermarket services. Besides clean diesel, its heavy duty transit buses use compressed natural gas (CNG), zero-emission electric trolleys, diesel-electric hybrid, hydrogen fuel cell, and all-electric batteries. Its customers include inter-city line-haul operators, charter and private tour operators, municipal, private, and public fleet operators, and other local transit agencies. NFI Group operates fabrication, manufacturing, distribution, and service centers in Canada and the US. Besides Canada, the company operates in North America, Europe, and Asia Pacific. NFI Group is headquartered in Winnipeg, Manitoba, Canada.

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Headquarters Canada

Address 711 Kernaghan Ave, Winnipeg, Manitoba, R2C3T4


Telephone 1 204 2241251

No of Employees 7,500

Industry Automotive

Ticker Symbol & Exchange NFI (TSE)

Revenue (2022) $2.7B 30.3% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 50.7% (2022 vs 2021)

Market Cap* $961.1M

Net Profit Margin (2022) XYZ 62.2% (2022 vs 2021)

* As of and is in US$
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NFI Group Inc premium industry data and analytics

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on NFI Group Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Heavy-duty transit buses Aftermarket parts and support services New Flyer
Single and Double-Deck Buses Technical and Integrated Supply Chain Services ARBOC
Articulated buses Alexander Dennis
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In March, New Flyer of America Inc. secured two new contracts from the New York City Transit Authority for 429 Xcelsior buses, with the option to procure an additional 1,661 buses over the next five years.
2024 New Products/Services In February, Alexander Dennis partnered with Sound Transit for 33 zero-emission Enviro500EV buses and unveiled its next-generation electric bus technology to North America.
2024 Contracts/Agreements In January, the company and Ballard Power Systems entered into a new long-term supply agreement for at least 100 FCmove-HD+ modules.
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Competitor Comparison

Key Parameters NFI Group Inc BYD Co Ltd Navistar International Corp REV Group Inc Proterra Inc
Headquarters Canada China United States of America United States of America United States of America
City Winnipeg Shenzhen Lisle Brookfield Greer
State/Province Manitoba Guangdong Illinois Wisconsin South Carolina
No. of Employees 7,500 703,504 14,500 6,724 1,247
Entity Type Public Public Private Public Public
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Executives
Name Position Board Since Age
Brian V. Tobin Chairman Executive Board 2005 69
Paul Soubry Chief Executive Officer; President; Director Executive Board 2009 60
Brian Dewsnup Chief Financial Officer; Executive Vice President Senior Management 2024 -
Colin Robertson Vice Chairman Executive Board 2020 58
Paul Davies President - ADL; Managing Director - ADL Senior Management - -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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