New Flyer Industries Inc.
 |
|
| Public | |
| Traded as | : NFI |
| Industry |
Manufacturing Automotive |
| Founded | 1930 (as Western Auto and Truck Body Works Ltd) |
| Founder | John Coval |
| Headquarters | Winnipeg, Manitoba, Canada |
|
Area served
|
North America |
|
Key people
|
Paul Soubry - CEO |
| Products | Heavy-duty transit buses |
| Subsidiaries | Motor Coach Industries |
| Website | www |
New Flyer Industries Inc. is a Canadian multinational automotive company specializing in the manufacturing of heavy-duty transit buses and motorcoaches and the distribution of aftermarket parts. The company headquarters are in Winnipeg, Manitoba, and it has manufacturing, distribution and service centers in both Canada and the United States. New Flyer manufactures integral buses, building both the coachwork and the supporting chassis. The company currently sells vehicles under three brands: New Flyer Xcelsior transit buses, offered with various drive systems and in several lengths; its own Motor Coach Industries (MCI) D-Series and J-Series, and Daimler’s Setra S407 and S417 motor coaches.
It is the largest bus and coach manufacturer and distributor in North America and employs approximately 5,400 people at more than a dozen facilities. The Company had a 45% market share of all heavy-duty transit buses and a 39% market share of all motorcoaches produced for North America in 2016. New Flyer is listed on the under the symbol NFI, and is a constituent of the S&P/TSX Composite Index.
President and Chief Executive Officer Paul Soubry joined the company in 2009. In 2016 he was named CEO of the Year in Canada by National Post.
New Flyer was founded by John Coval in 1930 as the Western Auto and Truck Body Works Ltd. Reflecting an increased focus on bus manufacturing, it changed its name in 1948 to Western Flyer Coach.
In the 1960s, the company further focused on the urban transit bus market. In 1971, the then-financially struggling Western Flyer was sold to the Manitoba Development Corporation, an agency of the Manitoba government, and renamed Flyer Industries Limited.
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