11:08 AM EST - NFI Group Inc. :
Announced that the New Jersey Transit Corporation has exercised options for 118 D4500 clean diesel commuter coaches, in its final year of an existing six-year contract (originally announced in 2015) with NFI subsidiary Motor Coach Industries. The order was converted from NFI’s backlog. Earlier this year, NJ TRANSIT also exercised and received delivery of additional options for 30 MCI D4500 commuter coaches and 25 clean-diesel, sixty-foot New Flyer Xcelsior® heavy-duty transit buses (50 equivalent units or “EUs”). NFI Group Inc.
shares T.NFI are trading up $0.65 at $24.20.
