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New Flyer Announces Supplier Delivery Awards for 2009 Calendar Year - New Flyer Industries Inc. (TSX: NFI.UN) (“New Flyer” or the “Company”), announced that it will issue Supplier Delivery Performance Awards to qualified Suppliers for their performance in the 2009 calendar year
New Flyer Announces Supplier Delivery Awards for 2009 Calendar Year

 

PRZOOM - /newswire/ - Winnipeg, Manitoba, Canada, 2010/04/13 - New Flyer Industries Inc. (TSX: NFI.UN) (“New Flyer” or the “Company”), announced that it will issue Supplier Delivery Performance Awards to qualified Suppliers for their performance in the 2009 calendar year. TSX: NFI.DB.U

   
 
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New Flyer Industries Inc. (TSX: NFI.UN) (“New Flyer” or the “Company”), the leading manufacturer of heavy-duty transit vehicles in Canada and the United States, announced today that it will issue Supplier Delivery Performance Awards to qualified Suppliers for their performance in the 2009 calendar year. This is the second consecutive year that New Flyer is recognizing exceptional delivery performance with formal awards.

The Supplier Delivery Performance Awards are presented to suppliers with shipment volumes to New Flyer production facilities above 50 per year and an overall on-time performance level of at least 95% or higher. The distribution of awards for 2009 consists of 35 Gold, 18 Silver and 23 Bronze awards. Gold awards recognize delivery performance that exceeds 99% on-time delivery. The award winners are posted on the Company’s website.

Patrick Boenders, New Flyer’s Director of Supply Management, states, “Since our Supplier Performance Assessment Program was launched in 2007, overall Supplier delivery performance to our three production facilities has increased to 97% on-time performance, with 2% early and 1% late accounting for the difference. There has been a substantial improvement from baseline performance that existed prior to the formal delivery performance measurement process and the process changes that came with it. We are pleased to note that with the success of this program and our Suppliers’ strong commitment to it, we have been able to eliminate our warehouses and deliver all incoming parts direct to the point of use on the production line as well as successfully launch iSupplier, our order management Web Portal used for all communications with our suppliers.”

About New Flyer

New Flyer (newflyer.com) is the leading manufacturer of heavy-duty transit buses in Canada and the United States. The Company’s three facilities -- in Winnipeg, MB, St. Cloud, MN and Crookston, MN -- are all ISO 9001, ISO 14001 and OHSAS 18001 certified. With a skilled workforce of over 2,000 employees, New Flyer is a technology leader, offering the broadest product line in the industry, including drive systems powered by clean diesel, LNG, CNG and electric trolley as well as energy-efficient gasoline-electric and diesel-electric hybrid vehicles. All products are supported with an industry-leading, comprehensive parts and service network. New Flyer’s Income Deposit Securities are traded on the Toronto Stock Exchange under the symbol NFI.UN. Further information is available on Company’s website.

 
 
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Agency / Source: New Flyer Industries, Inc.

 
 

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New Flyer Announces Supplier Delivery Awards for 2009 Calendar Year

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New Flyer Industries Inc. |
Contact: NewFlyer.com 
204-224-1251 investor[.]newflyer.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any New Flyer Industries, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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