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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (22829)10/17/2016 10:05:34 AM
From: Goose94Read Replies (1) of 203569
 
Grande West Transportation Group (BUS-V) Oct 17, '16 a Canadian manufacturer of heavy-duty mid-sized transit buses for sale in Canada and the United-States, is pleased to announce it has received a new contract and order from the City of Saskatoon totalling approximately $1.9 million CAD.

The initial order is for four (4) 30 foot Vicinity buses for 2017 delivery. However, the potential exists to extend this contract for an additional order of buses for delivery in 2018.

Additionally, the Company received new orders from Welland Transit for two (2) 30 foot Vicinity buses and the City of Cobourg for one (1) 30 foot Vicinity, for a total of approximately $1.5 million CAD.

Current total firm orders for 2017 delivery are for one hundred sixty-six (166) buses valued at over $57 million CAD. Firm orders and options for 2018-2020 delivery are currently at ninety (90) buses.

William Trainer, President and CEO of Grande West stated, "It is an honour to be partnering with great municipalities across Canada to provide a solution for rightsizing their fleets in order to reduce costs and increase operating efficiencies. The Company is very excited about our strong momentum and positive response we are receiving from our customers."

About Grande West Transportation Group

Grande West Transportation Group is a Canadian bus manufacturer which designs, engineers and manufactures mid-size buses for transit authorities and commercial enterprises. Grande West's Vicinity bus is available in 30 and 35 foot models designed with affordability, accessibility and global responsibility in mind. It costs significantly less than a regular 40 foot transit bus, burns less fuel and emits less harmful emissions.

The Company has been successful in supplying Canadian municipal transportation agencies and private operators with new buses and is receiving follow-on orders in most Provinces across the country. Grande West is also receiving orders in the much larger US market from private operators, while working towards a 'Buy America' certification in order to supply federal and state transit authorities.

For further information please contact:

Grande West Transportation

John LaGourgue
Ph: 1-604-607-4000
jlagourgue@grandewest.com
www.grandewest.com

Paradox Public Relations

Karl Mansour
Ph: 1-866-460-0408
karlmansour@paradox-pr.ca
www.paradox-pr.ca
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