News - New Flyer Industries
WINNIPEG, June 27, 2011 /PRNewswire/ - (TSX:NFI.UN) New Flyer Industries Inc. ("NFI") and New Flyer Industries Canada ULC ("NFI ULC") (together, "New Flyer") today announced NFI has filed a preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada in connection with a proposed non-cash rights offering (the "Offering") to convert New Flyer from its current income deposit securities ("IDS") structure to a traditional common share structure. Pursuant to the Offering, NFI will issue to holders of its common shares ("Shares"), substantially all of which are represented by IDSs, rights ("Rights") to subscribe for and purchase additional Shares.
NEW YORK, Sept. 20 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today the completion of a controlling investment, through an affiliate, in MCII Holdings, Inc., the parent company of Motor Coach Industries International, Inc. ("MCI" or the "Company").
- One fuel cell bus will be operating in Palm Springs this year, and another in 2011 - These contracts are further evidence of growing market demand to put Ballard's reliable and durable heavy-duty fuel cell power modules to work in mass transit applications VANCOUVER, March 2 /PRNewswire-FirstCall/ - Ballard Power Systems (TSX: BLD; NASDAQ: BLDP) announced that it has entered into contracts for the supply of fuel cell power modules to power two different transit bus configurations at SunLine Transit Agency in Thousand Oaks, California. Under the Advanced Technology (AT) program, Ballard, ISE Corporation and New Flyer Industries have struck a deal that will provide SunLine Transit with a 40-foot fuel cell hybrid bus powered by Ballard's FCvelocity(TM)-HD6 power module, similar to the twenty buses currently being operated in Whistler, B.C.
ISE Corporation, the leading provider for gasoline hybrid drive systems for transit buses, announced today that New Flyer Industries had been awarded a contract to provide hybrid buses equipped with ISE's hybrid drive systems to the San Diego Metropolitan Transit System (MTS).
