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Re: Millennium Transit to enter MTA Bus Test & Evaluation Program with 2 new RTS models.

Posted by BedStuyGuy on Mon Jan 2 11:50:29 2012, in response to Re: Millennium Transit to enter MTA Bus Test & Evaluation Program with 2 new RTS models., posted by Bill from Maspeth on Mon Jan 2 10:11:50 2012.

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It's actually a lot stronger than I had imagined. Many people didn't know that throughout the entire bankruptcy process MTS kept their doors opened. They had to support all their current customers parts and customer service needs. That's the main reason every Legend operator out there wants more buses.

Of course MTS is no Orion, Nova, or New Flyer, but they have a somewhat strong financial backing. It also helps that their buses have received rave reviews from drivers and mechanics. That was a major point for the investors. They also have something in the works for NJT again, as that played out a lot different than the rumors have led many to believe.

Overall, they need MTA as the anchor to get them back in the door, and they have to sell at least 90 high floor buses to set everything in motion, and get the low floor to market. Once that is in place, they have 3 other agencies that are looking to piggyback off the MTA order. Then it should be smooth sailing from then on out. The best part about er-entering the market now is the fact that 300 TA's now have federal funds to order new buses.

Another smart thing the new management is doing is NOT going for those large bids until late 2012 at the earliest. Smaller orders like the BTE, and a few others in the works are the best way to go. Bidding is just a long drawn out process that costs money and time.

The goal is for MTS to get 180 buses to the MTA, which will strengthen their position in the market, and attract more investments. MTS wants to prove to the world they have this covered and can deliver the best RTS ever to the largest TA ever. I believe their marketing team needs to step it up though. They could be a lot better than they are. However, they don't want to spend any unnecessary money right now, as you know APTA costed them quite a few pretty pennies.

@ Terrapin - Objectivity and maturity go hand in hand. Just because I like something doesn't mean I'm not going to tell it like it is. "The Real is on the rise!"

-ENY

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