New Orders for 20 buses -New & Repeat Customers. Beacon Provides Update.

Grande West Transportation Group Inc. announced new customer orders for approximately $7.5 million CAD.

  • St. John’s Transportation Commission has ordered three (3) Vicinity buses
  • City of Oakville has ordered eight (8) Vicinity buses
  • City of Burlington has ordered seven (7) Vicinity buses
  • City of Welland ordered two (2) Vicinity buses

All of these orders will be delivered through the eastern Canadian service and sales partner City View.

Backlog: Current total firm orders for 2017 and first half 2018 delivery are for two hundred sixty seven (267) buses valued at over $95.5 million CAD.

William Trainer, CEO of Grande West stated, “We are very pleased to continue to build new relationships with transit agencies throughout Canada and continue to grow with our current customers. Grande West is now truly coast to coast, from BC to Newfoundland, with a presence in eight out of ten provinces across Canada. First quarter deliveries have started and we will provide an update on our deliveries and revenue after the first quarter ends.”

Beacon Securities analyst Ahmad Shaath, provided this updated research.

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