Hexagon Composites Extends Supply To New Flyer
Hexagon Composites’ wholly owned subsidiary Hexagon Lincoln and New Flyer Industries, a North American manufacturer of heavy-duty transit buses and motor coaches have extended their 20-year collaboration by the signing of a long-term agreement for the supply of Compressed Natural Gas (CNG) fuel cylinders.
In its press release, Hexagon states that the “overwhelming majority of CNG (Compressed Natural Gas) transit buses in North America use Type 4 fuel tanks produced by Hexagon Composites”. Demand for these vehicles continues to grow as they play an important role in lowering emissions and particulates in urban areas, the company says.
“Our companies have a 20 year history of working together. We are pleased to have Hexagon Composites as our preferred supplier for CNG tanks and ancillary products. We are working together to implement new technologies to improve the value proposition for our customers,” says Raul Ramirez, Director of Strategic Sourcing, New Flyer Industries.
“Our team is providing valuable support to help engineer a more efficient system with new product offerings for these vehicles,” says Chet Dawes, Vice President of CNG Automotive Products, Hexagon Composites. “This agreement is a reflection of the dedication and long-term collaboration between our companies.”
The multiyear agreement presents an estimated overall delivery value of USD 45 million (approximately NOK 380 million).
(Source: Hexagon Composites)