Jun. 22nd, 2017
MILWAUKEE--(BUSINESS WIRE)--
REV Group (NYSE:REVG), a $2.4 billion manufacturer of industry-leading
specialty vehicle brands and leading provider of parts and services and
its wholly-owned subsidiary, ElDorado National-California (“ENC”)
learned today that the board of directors of the Los Angeles County
Metropolitan Transportation Authority approved the recommendation for
award of contract to ENC to supply 295 40-foot CNG powered transit
buses. There is a provision for an additional 305 buses or 600 buses in
total over a 5-year period.
Along with related optional vehicle features, spare parts and training,
this contract award represents over $400 million in revenue over the
contract life.
“We are very pleased and excited about this award and the opportunity to
provide Los Angeles County Metropolitan Transportation Authority with
the best buses for the value,” said Tony Wayne, President of
ElDorado-National California. “ENC won the bid based on addressing all
of the contract requirements and delivering the best overall value
considering all evaluation factors. Located in Riverside, California –
ENC and our employees are proud to have been chosen to meet and exceed
the expectations of the County.”
Work on this contract will commence once certain administrative matters
pertaining to a competitor’s challenge have been resolved.
About REV Group
REV (REVG)
is a leading designer, manufacturer and distributor of specialty
vehicles and related aftermarket parts and services. REV serves a
diversified customer base primarily in the United States through three
segments: Fire & Emergency, Commercial and Recreation. REV provides
customized vehicle solutions for applications including: essential needs
(ambulances, fire apparatus, school buses, mobility vans and municipal
transit buses), industrial and commercial (terminal trucks, cut-away
buses and street sweepers) and consumer leisure (recreational vehicles
(“RVs”) and luxury buses). REV’s brand portfolio consists of 29
well-established principal vehicle brands including many of the most
recognizable names within our served markets. Several of REV’s brands
pioneered their specialty vehicle product categories and date back more
than 50 years. Investors-REVG
View source version on businesswire.com: http://www.businesswire.com/news/home/20170622006317/en/
REV Group
Sandy Bugbee, 1-888-738-4037 (1-888-REVG-037)
VP,
Treasurer and Investor Relations
[email protected]
Source: REV Group
