Vice President, Manufacturing - Manufacturing

MCI to deliver 92 D45 CRT commuter coaches to New York City for express service. October 06, 2026 07:30 ET | Source: NFI Group Inc DES PLAINES, Ill., Oct. 06, 2026 (GLOBE NEWSWIRE) - (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI), a leading manufacturer of buses and motorcoaches and a provider of comprehensive aftermarket parts and service solutions, subsidiary Motor Coach Industries (MCI), today announced that New York City Transit (NYCT) has awarded a contract for 92 MCI D45 CRT commuter coaches. Supported by state, local, and Metropolitan Transportation Authority (MTA) funding, the new coaches will replace aging vehicles operating on express bus routes, helping deliver comfortable, efficient transportation for customers. The order has been added to NFI's third quarter 2026 backlog. The MCI D45 CRT is purpose-built for high-capacity commuter and express operations, combining passenger comfort with the durability and performance transit agencies expect from MCI coaches. "New York City Transit plays a vital role in connecting communities of the world's largest and most dynamic metropolitan regions," said Rob Marion, President, MCI. "We are proud to continue our longstanding partnership with NYCT and the broader MTA family by delivering high-quality commuter coaches that will enhance the customer experience and support consistent express bus service for riders. This investment reflects NYCT's continued commitment to modernizing its fleet and providing safe, comfortable transportation for the millions of riders who depend on public transit every day." NYCT is a part of the MTA, which operates North America's largest transportation network. The MTA oversees the nation's largest bus fleet and more subway and commuter rail cars than all other U.S. transit systems combined, serving a population of 15.3 million across 5,000 square miles in New York City, Long Island, southeastern New York State, and Connecticut. NFI is a leading global bus and motorcoach 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(R)(heavy-duty transit buses), MCI(R)(motorcoaches), Alexander Dennis Limited (single- and double-deck buses), ARBOC(R)(low-floor cutaway and medium-duty buses), and NFI Parts(TM), 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. MCI is North America's leading manufacturer of public and private market motorcoaches. Products include the luxury J Series (an industry best-seller for more than two decades) and the workhorse D Series. MCI also provides maintenance, repair, 24-hour roadside assistance, parts, and technician training through the industry's only Automotive Service Excellence (ASE) accredited and award-winning MCI Academy. Forward-Looking Statements This press release may contain forward-looking statements relating to expected future events and financial and operating results of NFI that involve risks and uncertainties. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward-looking statements, and the differences may be material. Actual results may differ materially from management expectations as projected in such forward-looking statements for a variety of reasons, including market and general economic conditions (including as a result of tariffs and other trade measures) and economic conditions of and funding availability for customers to purchase buses and to purchase parts or services (including as a result of recent U.S. policy developments); customers may not exercise options to purchase additional buses; the ability of customers to suspend or terminate contracts for convenience; production may be delayed or production rates may be decreased as a result of ongoing and future supply chain disruptions and shortages of parts and components, shipping and freight delays, and disruption to and shortage of labor supply; and the other risks and uncertainties discussed in the materials filed with the Canadian securities regulatory authorities and available on SEDAR at www.sedarplus.ca. Due to the potential impact of these factors, NFI disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law. For media inquiries, please contact: Melissa Schnee P: 385.910.6861 [email protected] For investor inquiries, please contact: Stephen King P: 204.792.1300 [email protected]

MCI expands training team with veteran Technical Service Manager. Joel Aguirre, shown at right, brings extensive technical expertise, customer service experience, and real-world field knowledge to his new role developing the next generation of motorcoach technicians. (Photo courtesy of MCI) Motor Coach Industries (MCI), a subsidiary of NFI Group Inc. (NFI), has announced the appointment of Joel Aguirre as an MCI Academy trainer. "After nearly two decades with MCI, including 14 years as a Technical Service Manager (TSM), Aguirre brings extensive technical expertise, customer service experience, and real-world field knowledge to his new role developing the next generation of motorcoach technicians," according to a press release. "Aguirre began his MCI career as a Service Center Technician after completing trade school and gaining experience in the heavy-duty vehicle industry. "Over the years, he became a trusted technical resource for customers and service teams, helping troubleshoot complex issues and share solutions across MCI's network. Now, he is bringing that experience into the classroom." "I enjoy the challenges we work through together, the knowledge we gain, and then being able to pass that knowledge on to others," Aguirre said. "Going through MCI Academy myself and seeing how technicians developed new skills and applied them in the field inspired me to move into training." According to Scott Crawford, who leads the MCI Academy, Aguirre's technical expertise and customer-focused approach made him a natural fit for the role. "Joel brings deep technical knowledge of the MCI product, outstanding communication skills, and a strong ability to work with customers," Crawford said. "He recently completed the MCI Academy Master Technician program and ranked at the top of every class." As a TSM, Aguirre built a reputation not only for solving technical issues but also for helping technicians understand their root causes. He sees that field experience as an important asset in his new role. "I've seen firsthand the challenges technicians face and can help connect classroom learning to real-world situations" Aguirre said. He believes today's technicians need strong problem-solving skills, adaptability, attention to detail, and a commitment to continuous learning as motorcoach technology continues to evolve. That commitment to training is increasingly important across the industry, according to Crawford. "Proper technical knowledge directly impacts uptime, reliability, and profitability," he said. "Training helps technicians avoid unnecessary repairs, reduce downtime, and make better maintenance decisions." MCI Academy provides hands-on and classroom training designed to help technicians develop the skills needed to maintain, diagnose, and repair today's sophisticated motorcoaches. The programs support technician development while helping customers improve fleet reliability and operational efficiency. Visit www.mcicoach.com.