Agility Fuel Systems, a wholly owned subsidiary of Hexagon Composites, announced Monday that it has signed a long-term agreement with New Flyer Industries to provide composite fuel tanks for buses that run on compressed natural gas.
The companies said that the contract will be worth about $75 million over its life.
New Flyer, based in Winnipeg, Manitoba, is the largest transit bus manufacturer in North America. It signed a $45 million contract for bus fuel tanks with Hexagon Lincoln in 2016.
As with the previous contract, the tanks that are the subject of the new contract will be made at Hexagon Lincoln's manufacturing plant in the LNK Enterprise Park.