NFI Group Inc T.NFI

Alternate Symbol(s): NFYEF | T.NFI.DB

Industrials

NFI Group Inc. is a Canada-based independent bus and coach manufacturer. The Company specializes in zero-emission electric mass mobility solutions. Its segments include Manufacturing Operations and Aftermarket Operations. Manufacturing Operations segment includes design, manufacture, service and support of new transit buses, motor coaches, medium-duty, cutaway buses, and installation of infrastructure for electric vehicles and fiberglass reinforced polymer components. It offers aftermarket parts for transit buses, coaches and medium duty/cutaway buses, both for the Company's and third-party products. It offers a range of sustainable drive systems, including zero-emission electric (trolley, battery, and fuel cell), natural gas, electric hybrid, and clean diesel. The Company's brands include New Flyer (heavy-duty transit buses), MCI (motor coaches), Alexander Dennis Limited (single- and double-deck buses), Plaxton (motor coaches), and ARBOC (low-floor cutaway and medium-duty buses).

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NFI Group Inc > Newbee

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Comment by wkrpradioon May 29, 2024 6:54pm

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Post# 36063303

RE:RE:RE:RE:RE:Newbee

TELEMARKER wrote: not sure what you mean
Summary
customer makes order, customer makes dowsn payment of 10%
customer makes progrss payments monthly or quarterly for 90% balance based on manufacturing status
Customer makes final 100% payment on delivery subject to holdbacks

There is also a provision for an inflation adjustments.

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