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NFI Group Inc. named one of Manitoba's Top Employers for the Second Consecutive Year

MWN-AI** Summary

NFI Group Inc. (TSX: NFI, OTC: NFYEF), a leading global manufacturer of buses and coaches, has been recognized as one of Manitoba's Top Employers for 2026, marking its second consecutive year receiving this prestigious accolade. This annual competition, organized by the editors of Canada’s Top 100 Employers, identifies organizations that develop exceptional workplace environments.

NFI Group's recognition reflects its commitment to creating a supportive, inclusive workplace. John Sapp, the President and CEO, emphasized that the company’s success is rooted in its dedicated workforce, stating that NFI strives to provide flexibility, growth opportunities, and a strong sense of belonging. In 2026, NFI was selected for this distinction based on key strengths, which include highly engaged employee-led social committees enriching workplace culture, flexible work arrangements that support work-life balance, and robust opportunities for career development.

The selection criteria for Manitoba’s Top Employers evaluate areas such as workplace atmosphere, benefits, vacation time, employee communications, performance management, training, and community involvement. NFI's emphasis on providing in-house career planning resources, leadership programs, and tuition subsidies for further education enhances its reputation as an employer of choice.

Janice Harper, Executive Vice President of People and Culture, expressed that this recognition underlines NFI's commitment to cultivating a people-first culture where employees can thrive both professionally and personally.

With a workforce exceeding 9,000 across ten countries and 40 facilities, NFI provides a comprehensive range of bus and coach platforms, underscoring its leadership in the industry. The company aims to offer diverse propulsion systems, including zero-emission technologies, marking its dedication to innovation and sustainability. This ongoing recognition reinforces NFI's status as a leading employer and a pillar in the Manitoba community.

MWN-AI** Analysis

NFI Group Inc. (TSE: NFI) recently celebrated its recognition as one of Manitoba’s Top Employers for the second consecutive year, a prestigious honor that highlights the company's commitment to cultivating a distinguished workplace culture. This accolade not only reflects positively on NFI's employee relations but also suggests resilience and operational stability, key indicators that investors should monitor.

From a market perspective, this recognition enhances NFI's brand reputation, likely attracting both top talent and potential partnerships. As workforce quality is directly linked to company performance, NFI's focus on employee engagement, professional development, and work-life balance may lead to increased productivity. The company’s commitment to various drive systems, including zero-emission electric vehicles, positions it favorably amid the growing trend towards green technology in public transportation. Hence, NFI could stand to benefit from government incentives and public interest in environmentally friendly transport solutions.

Investors should also consider the firm’s substantial presence across multiple segments, from traditional diesel engines to innovative electric and hybrid vehicles. This diversified offering can help mitigate risks associated with shifts in consumer preference and regulatory landscapes while providing stability.

Financially, as the market cycles shift, NFI’s robust aftermarket parts and service solutions provide a recurring revenue stream, valuable for maintaining cash flow stability. However, analysts should remain cautious given global supply chain challenges affecting manufacturing industries, including potential fluctuations in material costs and labor availability.

In conclusion, NFI Group's recognition as a top employer is a compelling narrative for investors, emphasizing its strong corporate culture, sustainability efforts, and comprehensive service portfolio. Those looking to invest in stable, growth-oriented companies within the transportation sector may find NFI an attractive option, though ongoing macroeconomic conditions should always be monitored.

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

Source: GlobeNewswire


WINNIPEG, Manitoba, March 10, 2026 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI or the Company) a leading global manufacturer of bus and coaches and a provider of comprehensive aftermarket parts and service solutions, is proud to announce that the Company has been named one of Manitoba’s Top Employers for 2026, marking the company’s second consecutive year receiving this prestigious recognition.

Manitoba’s Top Employers is an annual competition organized by the editors of Canada’s Top 100 Employers, and this special designation recognizes Manitoba employers that lead their industries in offering exceptional places to work. NFI is proud to receive this recognition, amongst many other incredible organizations in the province.

“This recognition is a testament to the incredible talent and dedication of our entire team,” said John Sapp, President and Chief Executive Officer, NFI. “NFI’s success depends on our people, and we’re proud to offer a workplace that supports growth, flexibility, and belonging. Earning this honour for the second consecutive year underscores our commitment to being an employer of choice in Manitoba and in every region where we operate.”

Manitoba employers are evaluated on eight criteria, (1) Workplace; (2) Work Atmosphere & Social; (3) Health, Financial & Family Benefits; (4) Vacation & Time Off; (5) Employee Communications; (6) Performance Management; (7) Training & Skills Development; and (8) Community Involvement.

The editors published the reasons for our selection, and NFI was selected again in 2026 based on three key strengths:

  • Our employee-led social committees help shape a vibrant workplace culture by organizing events tailored to each location.
  • We’re committed to providing flexibility that supports life and work. We offer a range of options for operational and administrative team members — including hybrid and remote work arrangements, as well as alternative shift schedules — to help balance personal responsibilities with professional goals.
  • Our dedication to helping team members grow their careers. We offer in-house career planning resources and leadership development programs, along with tuition subsidies for external learning opportunities, whether or not they directly relate to a team member's current role.

“Being recognized for a second year in a row is deeply meaningful because it reinforces the work we are doing to build a people-first culture,” said Janice Harper, Executive Vice President, People and Culture, NFI. “Our teams bring passion and purpose to everything they do, and we remain committed to providing an environment where they can thrive—professionally, personally, and as part of a community.”

About NFI

NFI is a leading independent global bus and coach manufacturer and a provider of aftermarket parts and service solutions. With more than 9,000 team members across ten countries and operations spanning over 40 facilities, NFI delivers a comprehensive portfolio of bus and coach platforms.

Through its brands New Flyer® (heavy-duty transit buses), MCI® (motorcoaches), Alexander Dennis Limited (single- and double-deck buses), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts™, NFI supports a diverse and extensive portfolio, serving public transit, commuter, and coach markets. In total, NFI supports an installed base of more than 100,000 buses and coaches worldwide. NFI offers a broad range of propulsion systems, including zero-emission electric (referring to propulsion systems that do not utilize internal combustion engines, such as trolley, battery, and fuel cell), natural gas, electric hybrid, and advanced diesel technologies, providing agencies with multiple fleet technology options. NFI’s common shares trade on the Toronto Stock Exchange (TSX: NFI) and its convertible unsecured debentures trade 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 investor and media inquiries, please contact: 
Stephen King 
P: 204.792.1300 
Stephen.King@nfigroup.com 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7000d38c-c1e1-40e2-bc87-5c53001fdeb5


FAQ**

How does being named one of Manitoba’s Top Employers for 2026 impact NFI Group Inc. (NFYEF) in terms of attracting and retaining talent in the competitive manufacturing industry?

Being named one of Manitoba's Top Employers for 2026 enhances NFI Group Inc.'s reputation, making it more appealing to potential hires and helping retain existing talent in the competitive manufacturing industry by fostering a strong workplace culture and enhancing employee satisfaction.

What specific initiatives has NFI Group Inc. (NFYEF) implemented to foster a workplace culture that supports employee growth and development?

NFI Group Inc. has implemented initiatives such as comprehensive training programs, mentorship opportunities, employee resource groups, and regular feedback mechanisms to cultivate a workplace culture that prioritizes employee growth and development.

In what ways do NFI Group Inc.'s (NFYEF) hybrid and remote work options contribute to its overall operational efficiency and employee satisfaction?

NFI Group Inc.'s hybrid and remote work options enhance operational efficiency and employee satisfaction by promoting flexibility, reducing overhead costs, attracting diverse talent, and fostering a healthier work-life balance, ultimately leading to increased productivity and engagement.

How does NFI Group Inc. (NFYEF) plan to leverage its recognition as a top employer to enhance its market positioning and competitive advantage in the bus and coach manufacturing sector?

NFI Group Inc. (NFYEF) plans to leverage its recognition as a top employer by attracting top talent, enhancing employee engagement and innovation, which will strengthen its operational efficiency and product quality, ultimately bolstering its competitive advantage in the bus and coach manufacturing sector.

**MWN-AI FAQ is based on asking OpenAI questions about NFI Group Inc (OTC: NFYEF).

NFI Group Inc

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