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NEOPLAN USA to Move Headquarters to Denver

Date

August 9, 2004

Article

NEOPLAN USA has announced that it is moving its headquarters and design center from Lamar, Colo., to Denver. Manufacturing operations will remain in Lamar, where NEOPLAN has been producing transit buses since 1981.

The new headquarters, located in the former Frontier Airlines headquarters building, will house senior management, engineering, sourcing, sales, marketing, and finance. The company also said it will expand the size of its headquarters staff to 50 people before the end of the year in conjunction with the move.

"Over the past two years, we have made dramatic improvements in our core operations in Lamar. However, we have struggled to attract and retain the technical talent that we need to support our increasingly technical product," said John Russell, NEOPLAN president and chief executive officer. "At the same time, our customers and suppliers have tended to avoid visits to NEOPLAN, due to the long trip to Lamar. Now, we continue to have our core manufacturing in a community that supports us, and we have our headquarters in a location that is better suited for our technical and service requirements. Basing our headquarters in Denver provides NEOPLAN a prime location to attract top-level talent, enhance customer service, and expand our footprint in the transportation industry."

The move to Denver is the culmination of an ongoing revamping of the management team over the past two years, according to NEOPLAN. New team members include Prasenjit Adhikari, vice president of engineering; Jim La Rue, vice president of manufacturing; John Reynolds, vice president of program management; Steve Trudell, vice president of quality assurance; Steve Del Priore, vice president of supply chain; and Harold Boade, vice president of finance.

The company also noted its innovations in the transit industry, including a 60-foot, low floor bus powered by natural gas and an electric trolleybus. NEOPLAN also worked closely with New Jersey Transit Corporation to produce 40-foot and 60-foot transit buses with a radiator-over-engine configuration unique in a transit bus, which may provide performance and service advantages over traditional radiator configurations.

Also, "In Boston, the Big Dig [construction project] has presented unique challenges to our thousands of daily commuters," said Massachusetts Bay Transportation Authority General Manager Michael Mulhern, "so a transit system that could work both on the street and underground in the tunnel was required. NEOPLAN created the first-ever DualModeSM bus, which enables our vehicles to switch from diesel to electric without interrupting the commute process."

Date Added

10/20/2004

Date Edited

10/20/2004

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