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NFI Group Hosts Ribbon-Cutting Ceremony to Officially Open New Flyer's All-Canadian Build Facility in Winnipeg

MWN-AI** Summary

NFI Group Inc. (NFI) recently celebrated a significant achievement in Canadian manufacturing with the ribbon-cutting ceremony for its new Customer Acceptance and Delivery (CAD) facility in Winnipeg. This facility enables domestic production of heavy-duty transit vehicles, including zero-emission buses, marking a pivotal return to full bus manufacturing in Canada after a 15-year hiatus. The CAD facility, supported by substantial federal and provincial investments along with NFI's funding, aims to bolster the Canadian supply chain and create hundreds of skilled manufacturing jobs.

Construction of the CAD facility commenced in late 2024, and production began in September 2025, with the first All-Canadian build delivered to Durham Transit in December. The facility is expected to increase New Flyer's production capacity by up to 240 equivalent units annually, facilitating a production rate of four bus lines a week. NFI's U.S. facilities will now better focus on supporting American customers, illustrating a strategic win-win for both Canada and the U.S.

NFI's President and CEO John Sapp emphasized the significance of this facility in promoting Canadian manufacturing, while federal and provincial leaders praised the initiative for strengthening Canada’s domestic capabilities and transitioning toward a low-carbon economy. Notably, this initiative aligns with the government’s goals to enhance critical industries, showcasing Manitoba as a center of innovation and skilled labor.

Prominent figures at the ceremony included Minister of Industry Mélanie Joly, Manitoba Premier Wab Kinew, and local MPs who acknowledged the importance of the All-Canadian Build initiative in creating employment opportunities and reinforcing the nation's manufacturing infrastructure. NFI is committed to supporting sustainable urban mobility with its products, contributing to the development of livable cities through clean transportation solutions.

MWN-AI** Analysis

NFI Group Inc. (TSX: NFI, OTC: NFYEF) has recently inaugurated its first fully domestic bus manufacturing facility in Winnipeg, a milestone that reinforces its strategic positioning in Canada’s clean transportation sector and strengthens the domestic supply chain. This significant investment is expected to create hundreds of skilled jobs and enhance the province's manufacturing prowess in zero-emission transit solutions.

For investors, this development signals a robust opportunity as NFI embarks on an expansion that not only meets the rising demand for environmentally friendly transportation but also capitalizes on governmental support for domestic manufacturing initiatives. With the Manitoba provincial government backing the project, NFI's alignment with national interests in economic resilience and sustainability further augments its attractiveness.

The facility is anticipated to increase production capacity by up to 240 equivalent units per annum, providing both a higher output and an enhanced focus on local market needs. This shift allows NFI’s U.S. operations to concentrate on American customers, thereby optimizing its resource allocation across borders. The strategic intent behind this dual-focus operation is commendable, as it could lead to higher margins and lower operational risks.

Moreover, with Canada’s push for cleaner transportation technologies, NFI stands at the forefront of the zero-emission vehicle transition. Investors should consider the growing demand for such technologies, particularly in urban settings where transit authorities are increasingly required to upgrade their fleets to meet stringent environmental regulations.

In summary, NFI Group's new facility in Winnipeg is a strong indicator of the company’s growth potential. Given its strategic enhancements and government backing, NFI could be poised for significant upward momentum. Investors should watch this space closely, as NFI’s developments align well with broader market trends focused on sustainability and domestic manufacturing resilience.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire


New facility strengthens domestic supply chain, creates skilled manufacturing jobs, and supports Canada’s transition to clean transportation

WINNIPEG, Manitoba, March 03, 2026 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leading global manufacturer of buses and coaches, along with its subsidiary New Flyer Industries Canada ULC (New Flyer), is proud to celebrate a major milestone in Canadian manufacturing with the official ribbon-cutting of its new Customer Acceptance and Delivery (CAD) facility in Winnipeg.

Today’s event marks the next phase of NFI’s ongoing manufacturing expansion, following significant federal and provincial investment, alongside NFI’s internal funding. The CAD facility enables NFI to complete full domestic production of heavy-duty transit vehicles, including zero-emission buses, in Winnipeg for the first time in 15 years.

The ribbon-cutting follows national attention on NFI’s Canadian expansion, which further supports Manitoba’s leadership position as a hub for heavy-duty manufacturing. Construction of the CAD facility began in late 2024, and the first buses entered production in September 2025. NFI was proud to deliver the first All-Canadian build to customer Durham Transit in December 2025. This facility expands New Flyer’s production capacity by up to 240 equivalent units per annum by 20271, with four line entries expected per week. It also enables New Flyer’s U.S. facilities to increase their focus on supporting production for customers across America, creating a win-win for both regions.

“We are extremely proud to officially open our new facility that achieves a strategic goal of enabling complete, start-to-finish Canadian bus manufacturing for Canadian customers,” said John Sapp, President and Chief Executive Officer, NFI Group. “This is a major milestone for our company, the province and the country as it creates hundreds of highly skilled jobs and a stronger domestic supply chain, alongside enhanced zero-emission production capabilities.”

“Canada is world-renowned for its manufacturing strength and highly skilled workforce,” said the Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions. “New Flyer’s new facility will design, engineer, and build the transit buses that Canadians rely on – right here in Winnipeg. This investment will continue to create hundreds of well-paying jobs and strengthen our domestic supply chain through an all-Canadian manufacturing hub.”

“The world has changed, and Canada must strengthen its domestic capacity in critical industries. Today’s ribbon-cutting in Winnipeg marks a defining moment in Canadian manufacturing, and our government is pleased to have supported those efforts. For the first time in 15 years, buses built by Canadians, for Canadians, will be manufactured—from start to finish—on Canadian soil. On behalf of Canada’s new government, congratulations to New Flyer and all involved in the All-Canadian Build initiative. This is building Canada strong in action,” said The Honourable Eleanor Olszewski, Minister of Emergency Management and Community Resilience and Minister responsible for Prairies Economic Development Canada

“This project is about putting a ‘Made in Canada’ stamp on the low-carbon economy. Here in Manitoba, blue-collar workers are helping drive a safe and healthy future, and companies like NFI are leading the charge,” said Premier Wab Kinew. “By bringing full bus manufacturing back to Winnipeg, this facility strengthens our domestic supply chain, creates good jobs, and reinforces Manitoba’s position at the cutting edge of zero-emission transportation technology.”

“In a world where supply chains and countries are looking inward, Manitoba is stepping up to the plate with homegrown solutions. Because we have what Canada needs – the workers, the innovation, and the determination. And today’s ribbon cutting showcases this as New Flyer celebrates the All-Canadian Build where buses for Canadians are built by Canadians on Canadian soil, right here in Winnipeg. Congratulations to all who have worked to make this vision a reality,” said Ginette Lavack, Parliamentary Secretary to the Minister of Indigenous Services and Member of Parliament for St. Boniface – St. Vital, Manitoba.

Today’s ribbon-cutting event included the Honourable Mélanie Joly, Ginette Lavack, Parliamentary Secretary to the Minister of Indigenous Services and Member of Parliament for St. Boniface–St. Vital, Ben Carr, Member of Parliament for Winnipeg South Centre, Manitoba Premier Wab Kinew, City of Winnipeg Mayor Scott Gillingham, CUTRIC President and CEO Dr. Josipa Petrunic, NFI President and CEO John Sapp, former NFI President and CEO Paul Soubry, Unifor Western Regional Director Gavin McGarrigle, and leadership from the IAM Union.

About NFI

Leveraging 450 years of combined experience, NFI is leading the electrification of mass mobility around the world. With zero-emission buses and coaches, infrastructure, and technology, NFI meets today’s urban demands for scalable smart mobility solutions. Together, NFI is enabling more livable cities through connected, clean, and sustainable transportation.

With nearly 9,000 team members in ten countries, NFI is a leading global bus manufacturer of mass mobility solutions under the brands New Flyer® (heavy-duty transit buses), MCI® (motorcoaches), Alexander Dennis Limited (single- and double-deck buses), Plaxton (motorcoaches), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts™. NFI currently offers the widest range of sustainable drive systems available, including zero-emission electric (trolley, battery, and fuel cell), natural gas, electric hybrid, and clean diesel. In total, NFI supports its installed base of over 100,000 buses and coaches around the world. NFI’s common shares trade on the Toronto Stock Exchange (TSX) under the symbol NFI and its convertible unsecured debentures trade on the TSX under the symbol NFI.DB. News and information is available at www.nfigroup.com, www.newflyer.com, www.mcicoach.com, nfi.parts, www.alexander-dennis.com, arbocsv.com, and carfaircomposites.com.

For media inquiries, please contact: 
Melissa Schnee 
P: 385.910.6861 
Melissa_Schnee@newflyer.com

For investor inquiries, please contact: 
Stephen King 
P: 204.792.1300 
Stephen.King@nfigroup.com 


1 NFI’s transit bus production is measured in, or based on, “equivalent units” (or "EUs"). One EU represents one production “slot”, being one 35- foot or 40-foot one transit bus, while an articulated 60’ transit bus represents two EUs.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6b71149a-7539-4d82-a1fa-4549f89b78c7


FAQ**

How does the new facility by NFI Group Inc. (TSX: NFI, OTC: NFYEF) impact the overall domestic supply chain in Canada, especially in terms of zero-emission bus production?

The new facility by NFI Group Inc. enhances Canada’s domestic supply chain by boosting zero-emission bus production, thereby supporting environmental goals, increasing local manufacturing capabilities, and potentially reducing reliance on international supply chains.

What specific measures is NFI Group Inc. taking to ensure the training and development of skilled manufacturing jobs at the new Winnipeg facility?

NFI Group Inc. is implementing targeted training programs, partnerships with local educational institutions, and investments in advanced manufacturing technologies at the new Winnipeg facility to ensure the development of skilled manufacturing jobs.

How will the expansion of NFI Group Inc. (NFYEF) influence the company's competitive positioning in the North American bus manufacturing market?

The expansion of NFI Group Inc. (NFYEF) is likely to strengthen its competitive positioning in the North American bus manufacturing market by enhancing production capacity, broadening its product offerings, and increasing market share amidst growing demand for sustainable transportation solutions.

In what ways does the establishment of this facility support Canada’s transition to clean transportation, aligning with NFI Group Inc.'s long-term sustainability goals?

The establishment of this facility fosters Canada's clean transportation transition by enhancing the production of zero-emission buses, thus aligning with NFI Group Inc.'s sustainability goals of reducing greenhouse gas emissions and promoting renewable energy solutions within public transit.

**MWN-AI FAQ is based on asking OpenAI questions about Nfi Group Inc. (TSXC: NFI:CC).

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