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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (22151)

9/26/2016 9:42:49 AM

From: Goose94

Read Replies (2) of 203577

Grande West Transportation Group (BUS-V) Sept 26, '16 a manufacturer of heavy-duty mid-sized transit buses for sale in Canada and the United States, is pleased to announce it has received new orders from BC Transit for seventeen (17) Vicinity buses totalling $6 million CAD.The order is for fourteen (14) 30 foot and three (3) 35 foot Vicinity buses for 2017 delivery. This is in addition to BC Transit's initial order for forty-one (41) 30 foot Vicinity buses valued at approximately $13 million CAD announced May 10, 2016.

The new orders for the 35 foot bus are Grande West's first in the larger format. Customers across Canada and the USA have expressed significant interest in the 35 foot Vicinity to satisfy ridership demand where traditional 40 foot buses are too costly to operate efficiently.

Current firm orders for 2017 delivery are for one hundred forty-nine (149) buses valued at over $50 million CAD. Firm orders and options for 2018-2020 delivery are currently at ninety (90) buses.

William Trainer, President and CEO stated, "Bringing the 35 foot Vicinity to market to meet customer requests for higher passenger capacity is another major milestone for Grande West. Offering a larger bus provides transit authorities with additional flexibility as they 'rightsize' their fleets for increased efficiencies with fuel, maintenance, ridership and capital costs. We will continue to innovate and extend our product line to meet the needs of our existing and growing customer base."

For further information please contact:

Grande West Transportation	Paradox Public Relations

John LaGourgue	Karl Mansour
Ph: 1-604-607-4000	Ph: 1-866-460-0408
jlagourgue@grandewest.com	karlmansour@paradox-pr.ca

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