financetom
Business
financetom
/
Business
/
NFI Subsidiary Opens Las Vegas Manufacturing Facility and Delivers Two Double Decker Buses to City
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
NFI Subsidiary Opens Las Vegas Manufacturing Facility and Delivers Two Double Decker Buses to City
Aug 6, 2025 6:56 AM

09:42 AM EDT, 08/06/2025 (MT Newswires) -- NFI Group ( NFYEF ) , which provides bus and coach mobility solutions, on Wednesday said its subsidiary Alexander Dennis opened its U.S. manufacturing facility in Las Vegas and delivered the first two of 10 new Enviro500 double deck buses to the Regional Transportation Commission of Southern Nevada (RTC).

The company said that among the first buses to be completed at the facility are 10 Enviro500 for the area's transit agency, RTC and another 10 Enviro500 are now on order for delivery next year and will again be built locally in Southern Nevada.

"As the only site in the country building double-decker buses, this facility not only supports the RTC's mission to provide safe, efficient, and innovative transit solutions, but it also brings quality jobs and economic investment to our region," said Regional Transportation Commission of Southern Nevada Chief Executive Officer, MJ Maynard-Carey.

The new Enviro500 buses for RTC Transit are almost 13 meters long and slightly more than 4 meters tall, with a capacity of 100 passengers. More than 70% of the materials and components for the buses are sourced from US based suppliers, said the company.

NFI Group ( NFYEF ) said that the double decker production is currently one bus per week and is expected to ramp up to one and a half buses per week through 2026, allowing Alexander Dennis Inc to manufacture 75 vehicles per year.

"As demand grows, there is opportunity to increase capacity within the existing facility with further investments and workforce development, which could increase employment from over 115 local jobs initially," added the company.

Price: 18.14, Change: +0.08, Percent Change: +0.44

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
ING Comments on Euro, Turkey's Lira, Poland's Zloty, Czech Republic's Koruna
ING Comments on Euro, Turkey's Lira, Poland's Zloty, Czech Republic's Koruna
Jun 16, 2025
06:14 AM EDT, 06/16/2025 (MT Newswires) -- The eurozone's dependence on energy price exports should put a curb on EUR/USD upside in ING's view. The bank had already argued before the Israel-Iran conflict began that moves beyond 1.1600 started to look too stretched based on previous peaks of misvaluation. At the time of writing, the short-term fair value is just...
Sprott Physical Uranium Trust Signs US$100 Million Bought Deal Financing
Sprott Physical Uranium Trust Signs US$100 Million Bought Deal Financing
Jun 16, 2025
06:15 AM EDT, 06/16/2025 (MT Newswires) -- Sprott Inc. ( SII ) , on behalf of the Sprott Physical Uranium Trust (U-UN.TO), on Monday announced a bought deal financing agreement expected to raise approximately US$100 million. Sprott entered an agreement with Canaccord Genuity, under which Canaccord as the underwriter agreed to purchase on a bought deal basis 5.8 million units...
Regeneron Pharmaceuticals Loses Bid as 23andMe to Sell Core Assets to TTAM for $305 Million
Regeneron Pharmaceuticals Loses Bid as 23andMe to Sell Core Assets to TTAM for $305 Million
Jun 16, 2025
06:19 AM EDT, 06/16/2025 (MT Newswires) -- Regeneron Pharmaceuticals ( REGN ) was edged out in a final bidding round as 23andMe Holding agreed to sell nearly all of its assets to TTAM Research Institute for $305 million, 23andMe said Friday. TTAM, a non-profit led by 23andMe co-founder and former Chief Executive Anne Wojcicki, won the deal following a court-supervised...
Copyright 2023-2026 - www.financetom.com All Rights Reserved