New Flyer named to Top 100 Employers in Canada for third consecutive year

    WINNIPEG, Oct. 10 /CNW/ - (TSX:NFI.UN), New Flyer Industries Inc. ("New
Flyer" or the "Company"), the leading manufacturer of heavy-duty transit
vehicles in Canada and the United States, has been selected as one of the Top
100 Employers in Canada for the third consecutive year. In addition, New Flyer
has also been selected as one of Manitoba's Top 15 Employers for 2008.
    New Flyer was selected as part of an annual survey conducted by Mediacorp
Canada Inc., publisher of the book Canada's Top 100 Employers. Mediacorp
developed a list of outstanding employers that lead their industries in
attracting and retaining quality employees. Over 1,800 employers began the Top
100 application process.
    The companies were evaluated based on seven key attributes: Physical
Workplace; Work Atmosphere & Social; Health, Financial & Family Benefits;
Vacation & Time Off; Employee Communications; Performance Management; and
Training & Skills Development. In addition, charitable efforts and community
involvement were also examined, since a strong correlation has been observed
between charitable work and how an employer treats its own employees.
    "We are proud of our efforts to date in consistently improving our
working environment," said New Flyer President and CEO John Marinucci. "Being
included as one of the Top 100 Employers for three consecutive years is
rewarding as it demonstrates that our continued focus on the environment,
safety, health and quality leads to increased customer and employee
    Janice Harper, Director, Human Resources, says the company's success in
this area results from New Flyer's commitment to building on the momentum of
creative and positive employee engagement practices. "We identified the
demands of our employees for increased levels of community involvement and
increased training and benefits development and continue to act on them. Our
best practices based management system not only lays the foundation for these
activities, but, drives the process of identifying the opportunities for
employee and Company development. This Top 100 designation is as much a
success for our employees as it is for New Flyer management."
    Ms. Harper also credits continued corporate focus on workplace practices
as key to New Flyer's recognition in this year's rankings. Noteworthy
workplace practices at New Flyer include unique employment opportunities,
company-paid benefits, numerous social and fundraising events, company
recognition of safety and environmental achievements and distinctive
continuing education and professional development.

    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 2,100 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 the Company's web site at

    Forward-Looking Statements

    This press release may contain forward-looking statements relating to
expected future events and financial and operating results of New Flyer 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 Due to the potential impact of these
factors, New Flyer 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, Phone: (204) 224-1251

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