RECEIVES VICINITY ORDERS FOR ESTIMATED $40M CAD
Grande West Transportation Group Inc. (BUS.V) has received a new contract from its exclusive United States distributor, Atlanta-based Alliance Bus Group (ABG), for new bus orders with a value of approximately $40-million.
The contract was signed on Feb. 6 and Grande West expects to record revenue and deliver the purpose-built vicinity buses within the 2020 calendar year. The new buses will replace an old fleet currently operating throughout multiple locations in the United States with a world-class business and bus operator. "It is with great pride that we will supply our Vicinity buses to such a large organization," stated William Trainer, chief executive officer and president of Grande West Transportation. "This contract represents a significant milestone for the company, where our Vicinity bus has been vetted at the highest level from the agency and its bus operations division to meet and exceed the most stringent quality and safety standards. An order of this size demonstrates U.S. market acceptance and confidence in our Vicinity bus."
About Grande West Transportation Group Inc.
Grande West Transportation is a Canadian company that designs and engineers mid-size multipurpose transit vehicles for public and commercial enterprises. Grande West utilizes world-class manufacturing partners to produce the purpose-built Vicinity bus available in clean diesel, gas and compressed natural gas (CNG) drive systems. An electric propulsion drive system is currently under development.