Prevost: New contract with Greyhound for 60 coaches

About 70 employees to be recalled

SAINTE-CLAIRE, QC, April 16, 2012 /CNW Telbec/ - Prevost, a subsidiary of the Volvo Group, specializing in the manufacture of touring coaches and bus shells, has announced a major contract to deliver 60 vehicles to Greyhound, the largest provider of intercity bus transportation in Canada and the United States. The delivery of 60 X-series coaches (X3-45 model) will be completed in October 2012.

"This is excellent news for Prevost. By the end of May, we will be increasing production to 2.5 vehicles a day, and a progressive recall of about 70 employees is expected in the coming weeks," explained Daniel Beaudoin, Vice-President, Human Resources and Communications. 

The X3-45 model is known on the market to be a product that meets the needs of intercity transportation in terms of reliability, vehicle handling and cost of operation.

About Prevost
Prevost is the leading North American manufacturer of premium touring coaches and a world leader in the production of bus bodies for conversion into high-end motorhomes and specialized mobile units. A subsidiary of the Volvo Group, Prevost carries out its main manufacturing activities at its Sainte-Claire plant in Quebec. The company also has eight parts and service centers strategically located across Canada and the United States and employs 1,100 workers.

Daniel Beaudoin, Vice-President, Human Resources and Communication
[phone], ext. 2431