New Flyer announces ratification by inspection unit of new collective agreement



    WINNIPEG, May 28 /CNW/ - New Flyer Industries Inc. (TSX:NFI.UN) ("New
Flyer" or the "Company"), the leading manufacturer of heavy-duty transit
vehicles in Canada and the United States, is pleased to announce that the
members of the Canadian Auto Workers (CAW) Inspection collective bargaining
unit at the Company's Winnipeg facility have today ratified a new collective
bargaining agreement. The new three-year contract will expire on March 31,
2012 and replaces the previous three-year agreement that expired on March 31,
2009.
    This new collective bargaining agreement is substantially similar to the
terms of the collective bargaining agreement ratified on March 28, 2009 by the
CAW's main bargaining unit at the Company's Winnipeg facility.
    The Inspection bargaining unit represents 31 employees at New Flyer's
Winnipeg facility, or approximately 1.3 percent of the Company's total
workforce in Canada and the United States.

    
    About New Flyer
    ---------------
    
    New Flyer is the leading manufacturer of heavy-duty transit buses in the
United States and Canada. The Company's three facilities -- in Winnipeg, MB,
St. Cloud, MN and Crookston, MN - are all ISO 9001, ISO 14001 and OHSAS 18001
certified. With a skilled workforce of approximately 2,500 employees, New
Flyer is a technology leader, offering the broadest product line in the
industry, including drive systems powered by clean diesel, LNG, CNG and
electric trolley as well as energy-efficient gasoline-electric and
diesel-electric hybrid vehicles. All products are supported with an
industry-leading, comprehensive parts and service network. New Flyer's Income
Deposit Securities are traded on the Toronto Stock Exchange under the symbol
NFI.UN. Further information is available on Company's web site at
www.newflyer.com.

    
    Forward-Looking Statements
    --------------------------
    
    This press release may contain forward-looking statements relating to
expected future events and financial and operating results of the Company and
New Flyer Industries Canada ULC ("NFI ULC") 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 and the other risks and uncertainties discussed in
the materials filed with the Canadian securities regulatory authorities and
available on SEDAR at www.sedar.com. Due to the potential impact of these
factors, the Company and NFI ULC disclaim 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 further information:

For further information: New Flyer Industries Inc., Glenn Asham, Chief
Financial Officer, Tel: (204) 224-1251


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