North American Bus Industries
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| Subsidiary | |
| Industry | Bus manufacturing |
| Founded | 1992 |
| Headquarters | Anniston, Alabama |
| Products | Buses |
| Owner | New Flyer Industries |
| Website | www |
NABI Bus, LLC (NABI) was a designer and producer of heavy-duty transit buses from 31-feet to 60-feet in length, which were sold to operators throughout the United States and Puerto Rico. NABI’s headquarters, including its bus manufacturing and assembly operations, are located in Anniston, Alabama. In 2015 NABI started producing the product lines of its parent, New Flyer Industries at the Anniston plant, and production of its own product lines were discontinued. Its U.S. operations also include an aftermarket parts division in Delaware, OH (at the former Flxible factory), and an after-sales service center at Mira Loma, CA.
The company that is now NABI was incorporated in the USA, in the state of Alabama, in November 1992, under the name American Ikarus, Inc. (American Ikarus). It was incorporated by the First Hungary Fund Limited, (FHF) a Jersey equity investment fund. Its incorporation was accompanied by FHF’s concurrent formation of a Hungarian holding company, North American Bus Industries, Kft. (NABI Hungary) owning the shares of American Ikarus. This arrangement—with American Ikarus as a subsidiary of NABI Hungary--(collectively The Group) resulted in FHF’s investment being Hungarian-based—in alignment with FHF’s objective of investing in business opportunities resulting from the political and economic changes then taking place in Hungary. American Ikarus simultaneously acquired the assets of Ikarus USA, Inc. (Ikarus USA) a bus manufacturing subsidiary of the Union City Body Company, Inc. (UCBC) of Union City, Indiana. Such assets included facilities in Alabama, miscellaneous equipment and inventory.
UCBC and Ikarus USA had been parties to a strategic alliance with Ikarus Body and Coach Building Works of Budapest, Hungary. (Ikarus Hungary) At the time, Ikarus Hungary was a very large bus manufacturer having multiple plants in Hungary, with a production output during the 1980s of over 13,000 buses per year. Simultaneously with the formation of American Ikarus, the previously established strategic alliance between Ikarus USA and Ikarus Hungary was assigned to the newly incorporated American Ikarus.
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Wikipedia