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New Flyer Industries
New Flyer is a Canadian multinational bus manufacturer, specializing in the production of transit buses. New Flyer is owned by the NFI Group, a holding company for several bus manufacturers. New Flyer has several manufacturing facilities in Canada and the United States that produce the company's main product, the New Flyer Xcelsior family of buses. This company was formed in 1930 as Western Auto and Truck Body Works Ltd. as a company that primarily sold buses in Western Canada before changing its name to Western Flyer Coach in 1948. Western Flyer Coach was taken over by the Government of Manitoba in 1971, becoming Flyer Industries Limited and was acquired by Dutch-based manufacturer Den Oudsten in 1986, renaming Flyer to New Flyer Industries Limited. KPS Capital acquired New Flyer in 2002, resulting the manufacturer going public in 2005, becoming New Flyer Industries Canada ULC. New Flyer operates multiple production plants in Winnipeg, Manitoba; which is its main Canadian ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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New Democratic Party Of Manitoba
The New Democratic Party of Manitoba (Manitoba NDP; ), branded as Manitoba's NDP, is a social democratic political party in Manitoba, Canada. It is the provincial section of the federal New Democratic Party, and is a successor to the Manitoba Co-operative Commonwealth Federation. It is currently the governing party in Manitoba. Formation and early years In the federal election of 1958, the national Co-operative Commonwealth Federation (CCF) was reduced to only eight seats in the House of Commons of Canada. The CCF's leadership restructured the party during the next three years, and in 1961 it merged with the Canadian Labour Congress to create the New Democratic Party (NDP). Most provincial wings of the CCF also transformed themselves into "New Democratic Party" organisations before the year was over, with Saskatchewan as the only exception. There was very little opposition to the change in Manitoba, and the Manitoba NDP was formally constituted on November 4, 1961. Future Man ...
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Harvest Partners
Harvest Partners is a private equity firm focused on leveraged buyout and growth capital investments in middle market industrial, business services, consumer and retail companies. The firm, which was founded in 1981 by Harvey Mallement and Harvey Wertheim, is based in New York City. Prior to co-founding Harvest, Mallement was managing partner of Masco Associates, making private equity investments on behalf of Masco Corporation and Wertheim managed venture capital and private equity investment activities at Research and Science Investors, a venture capital and investment management Investment management (sometimes referred to more generally as financial asset management) is the professional asset management of various Security (finance), securities, including shareholdings, Bond (finance), bonds, and other assets, such as r ... firm. In October 2018, Goldman Sachs Asset Management's Petershill program made a strategic minority investment in Harvest Partners representing 1 ...
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Private Equity
Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the companies. In casual usage "private equity" can refer to these investment firms rather than the companies in which they invest. Private-equity capital (economics), capital is invested into a target company either by an investment management company (private equity firm), a venture capital fund, or an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Private equity can provide working capital to finance a target company's expansion, including the development of new products and services, operational restructuring, management changes, and shifts in ownership and control. As a financial product, a private-equity fund is private capital ...
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Seattle, Washington
Seattle ( ) is the List of municipalities in Washington, most populous city in the U.S. state of Washington (state), Washington and in the Pacific Northwest region of North America. With a population of 780,995 in 2024, it is the List of United States cities by population, 18th-most populous city in the United States. The city is the county seat of King County, Washington, King County, the List of counties in Washington, most populous county in Washington. The Seattle metropolitan area's population is 4.02 million, making it the List of metropolitan statistical areas, 15th-most populous in the United States. Its growth rate of 21.1% between 2010 and 2020 made it one of the country's fastest-growing large cities. Seattle is situated on an isthmus between Puget Sound, an inlet of the Pacific Ocean, and Lake Washington. It is the northernmost major city in the United States, located about south of the Canada–United States border, Canadian border. A gateway for trade with East ...
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King County Metro
King County Metro, officially the King County Metro Transit Department and often shortened to Metro, is the public transit authority of King County, Washington, which includes the city of Seattle. It is the eighth-largest transit bus agency in the United States. In , the system had a ridership of , or about per weekday as of . Metro employs 2,477 full-time and part-time operators and operates 1,540 buses. King County Metro formally began operations on January 1, 1973, but can trace its roots to the Seattle Transit System, founded in 1939, and Overlake Transit Service, a private operator founded in 1927 to serve the Eastside (King County, Washington), Eastside. Metro is also contracted to operate and maintain Sound Transit's 1 Line (Sound Transit), 1 Line Link light rail line and eight of the agency's Sound Transit Express bus routes along with the Seattle Streetcar lines owned by the City of Seattle. Metro's services include Trolleybuses in Seattle, electric trolleybuses in Seat ...
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American Public Transportation Association
The American Public Transportation Association (APTA) is a nonprofit group of approximately 1,500 public and private sector member organizations that promotes and advocates for the interests of the public transportation industry in the United States. APTA represents all modes of public transportation, including bus, paratransit, light rail, commuter rail, subways, waterborne services, and intercity and high-speed passenger rail. More than 90 percent of the people using public transportation in the United States ride on APTA member systems. APTA's membership consists of more than 320 public transit agencies, including New York MTA, the nation's largest transit system, as well as transportation-related businesses and organizations. Members are engaged in every aspect of the industry – from planning, designing, financing, constructing and operating transit systems to the research, development, manufacturing and maintenance of vehicles, equipment and transit-related products and ...
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CBC News
CBC News is the division of the Canadian Broadcasting Corporation responsible for the news gathering and production of news programs on the corporation's English-language operations, namely CBC Television, CBC Radio, CBC News Network, and CBC.ca. Founded in 1941 by the public broadcaster, CBC News is the largest news broadcaster in Canada and has local, regional, and national broadcasts and stations. It frequently collaborates with its organizationally separate French-language counterpart, Radio-Canada Info. History The first CBC newscast was a bilingual radio report on November 2, 1936. The CBC News Service was inaugurated during World War II on January 1, 1941, when Dan McArthur, chief news editor, had Wells Ritchie prepare for the announcer Charles Jennings a national report at 8:00 pm. Previously, CBC relied on The Canadian Press to provide it with wire copy for its news bulletins. Readers who followed Jennings were Lorne Greene, Frank Herbert and Earl Cameron. '' ...
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KPS Capital Partners
KPS Capital Partners is an American investment company that manages KPS Special Situation Funds, a family of investment funds. KPS specifically invests out of two funds raised in October 2019: KPS Special Situations Fund V ($6.12 billion) and KPS Mid-Cap Fund ($1.02 billion). In June 2024, KPS Capital Partners ranked 50th in Private Equity International's PEI 300 ranking among the world's largest private equity firms. History The company was founded in 1991 by Eugene Keilin, Michael Psaros, and David Shapiro, hence the KPS name. KPS raised its first institutional fund in 1998. On May 6, 2019, KPS Capital Partners signed an agreement with Brunswick Corporation to purchase its Life Fitness, fitness business valued at $490 million in an all cash transaction. In 2020, KPS completed five platform investments, including IKG (January 2020), Lufkin Industries (June 2020), Briggs & Stratton (September 2020), AM General (October 2020) and Hussey Copper (December 2020). In 2021, KPS anno ...
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Strathcona County Transit
Strathcona County Transit provides local, commuter, and school bus services to the community of Sherwood Park, Alberta, Canada, which is east of Edmonton in Strathcona County. Transportation for elderly citizens and people with disabilities is provided by ''Mobility Bus'' within Sherwood Park and rural Strathcona County. Strathcona County is home to Alberta's first fleet of double-decker buses. It purchased 24 double-decker buses from 2010 to 2020 using a combination of municipal, provincial, and federal funding. In , the system had a ridership of . Services Expansion of local scheduled weekday services was introduced on August 5, 2008 to provide bus service to newer areas and all-day routes within neighbourhoods. Dial-a-bus service takes over from the regular routes in the evening after 7 p.m. and on weekends. The transit system provides local bus service within Sherwood Park and express service to destinations like downtown Edmonton, Government Centre, University of Alberta, ...
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Articulated Bus
An articulated bus, also referred to as a slinky bus, bendy bus, tandem bus, vestibule bus, stretch bus, or an accordion bus, is an articulated vehicle, typically a motor bus or trolleybus, used in public transportation. It is usually a single-decker, and comprises two or more rigid sections linked by a pivoting joint (articulation) enclosed by protective bellows inside and outside and a cover plate on the floor. This allows a longer legal length than rigid-bodied buses, and hence a higher passenger capacity (94–120), while still allowing the bus to maneuver adequately. Due to their high passenger capacity, articulated buses are often used as part of bus rapid transit schemes, and can include mechanical guidance system and electric bus or trolleybus. Articulated buses are typically long, in contrast to standard rigid buses at long. The common arrangement of an articulated bus is to have a forward section with two axles leading a rear section with a single axle, w ...
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Fuel Cell
A fuel cell is an electrochemical cell that converts the chemical energy of a fuel (often hydrogen fuel, hydrogen) and an oxidizing agent (often oxygen) into electricity through a pair of redox reactions. Fuel cells are different from most battery (electricity), batteries in requiring a continuous source of fuel and oxygen (usually from air) to sustain the chemical reaction, whereas in a battery the chemical energy usually comes from substances that are already present in the battery. Fuel cells can produce electricity continuously for as long as fuel and oxygen are supplied. The first fuel cells were invented by Sir William Robert Grove, William Grove in 1838. The first commercial use of fuel cells came almost a century later following the invention of the hydrogen–oxygen fuel cell by Francis Thomas Bacon in 1932. The alkaline fuel cell, also known as the Bacon fuel cell after its inventor, has been used in NASA space programs since the mid-1960s to generate power for sate ...
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