The sale was made based on a value of approximately $65 million after adjusting for debt and cash holdings.
Will work directly with bus operators to furnish parts, service and warranty support as well as to connect them with new vehicles.
The H3-45s all have comfort features comparable to a commercial airline’s business class — reclining seats with ample leg room, headrests and footrests, and more.
He first joined the company in 2011 as an account executive for the Midwest region and has moved upward in a variety of sales positions.
The new coach is equipped with Alcoa wheels, 110-volt outlets, ample underfloor luggage space, three-point seat belts, and a Cummins/Allison powertrain.
Vehicles equipped with many favorite features, including 110-volt outlets with USB ports, Alcoa Durabright wheels, enclosed parcel racks, leather and fabric seats, REI audio/video, and woodgrain floor.
Highlights from the annual UMA Expo, which was held Feb. 26 to March 1, includes vehicles from the show floor and industry execs at sessions.
The company's current President/CEO, Bob Foley, will step down and assume the role of president of Coach Finance Group.
The survey showed that the growth was dominated by sales to private firms in 2016. Overall, new coach sales to companies were up by more than 195 units (10.9% increase).
The facility is located just 30 miles northwest of Manhattan and about 25 miles northwest of Newark’s Liberty International Airport.
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