MCI increases line rate, anticipates growth

Motor Coach Industries Inc. has upped its manufacturing line rates and hired new factory staff to meet its increased product demand. "We anticipate a robust manufacturing schedule through at least 2007 as private operators and public agencies replace aging equipment or add newer, technologically advanced models to their fleets," said Tom Sorrels, MCI president and CEO. Manufacturing plants in Winnipeg, Manitoba, and Pembina, N.D., increased line rates by 14% this quarter and forecast an overall build increase of approximately 20% for the year. In response to customer demand, MCI increased its parts inventory levels at all nine of its service centers. In addition, the company's "Fast or Free" parts guarantee, promises next business day shipment of any of over 500 most-needed parts on the D, E and J models, or it's free. MCI also strengthened its technician training institute with more locations and advanced courses.