Transco Inc., headquartered in Chicago, Illinois, is a diversified industrial company. Founded in 1936, Transco operates through three principal business groups: Transco Railway Products, Transco Products Inc., and Advance Thermal Corp.
SATSUMA, Alabama -- Satsuma City Schools officials are seeking bids from vendors to buy two 2015 school buses to bolster an aging fleet. But new buses don't come cheap: Estimates range from $65,000 to $85,000, depending on how the bus is equipped. For example, buses used to transport special education students must have air conditioning.
The cost to buy a bus depends on a variety of features, including size, manufacturer, and number of vehicles purchased, but the most important factor is what kind of propulsion system the bus uses. Diesel buses are the most common type of bus in the United States, and they cost around $300,000 per vehicle, although a recent purchase by the Chicago Transit Authority found them paying almost $600,000 per diesel bus. Buses powered by natural gas are becoming more popular, and they cost about $30,000 more per bus than diesels do.