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Friday, December 14, 2012

American Power Group - New VP of Sales


American Power Group Corporation (OTCQB: APGI) announced today that its subsidiary, American Power Group, Inc. ("APG") has appointed Steve Majkowski Vice President of Sales and Marketing reporting directly to Lyle Jensen, CEO. He will be responsible for establishing, directing, and leading all customer-oriented initiatives to grow APG's domestic and international dual fuel conversion businesses.
Mr. Majkowski has had a progressive 20-year career with both Delphi Automotive and Dow Chemical's Automotive Systems, working on a broad range of powertrain areas, including engine calibration and software development, diesel and gasoline fuel systems and components, and exhaust after treatment. At Delphi he was recognized with the "Boss" Kettering Award, is a member of the Delphi Innovation Hall of Fame and holder of nine U.S. patents. His work experience includes automotive engineering, global marketing, operations, and product line sales and marketing. Mr. Majkowski graduated with a BS in Mechanical Engineering from Michigan State University and received his MBA degree from Kettering University.

Thank you E*Trade for keeping current with APGIFor the whole story follow the LINK!

Thursday, November 29, 2012

Big News for American Power Group





   The APG system is a cost-effective and non-invasive patented turbocharged natural gas dual fuel conversion technology for trucks, stationary generators and off-road mobile diesel engines. The APG system offers a 300-800 mile dual fuel range with no loss of power and torque and, depending on the route profile, delivers an average annual net fuel savings of 15%-30% over 100% diesel fuel. With no practical design limits for engine models or horsepower, the APG system is currently EPA-approved for 88 engine families and is expected to receive EPA approval for more than 200 additional engine families by the end of 2013. The APG system offers the flexibility to return the vehicle to 100% diesel operation at any time. At end-of-life or vehicular rotation, the APG system and natural gas tank can be easily removed and installed on another EPA approved engine.
The WheelTime Network is North America's highest quality truck service network. Its 18 member companies provide installation and warranty support through nearly 200 service centers, 2,800 service bays, 3,000 factory-trained technicians and 30 training facilities located across the United States and Canada. 
"We see natural gas as an important and necessary development in our industry. Accordingly, WheelTime made a strategic decision earlier this year to begin taking the necessary steps to become a center of excellence for the installation and service of natural gas engines," said Mike Delaney, President and CEO of WheelTime Network LLC. 
Delaney added: "In addition to dedicated natural gas engines, we believe diesel engine dual fuel conversions will be an evolutionary step for natural gas, providing a low risk way for fleets to get the benefit of natural gas fuel savings and giving existing equipment new life."

If you would like to read more....here is my source
Thank you yahoo finances

Thursday, October 18, 2012

American Power Group Reports Over $500,000 of New Orders

Go APGI Go

Not only have they made more contracts they will also be testing their conversion model on thirty perspective customers.




American Power Group Corporation (OTCQB: APGI) announced today that its subsidiary, American Power Group, Inc. ("APG") has received orders for vehicular dual fuel conversions valued at more than $500,000. These orders were received from several certified dealers and customers who intend to install APG's dual fuel system on forty-two heavy-duty trucks. The certified dealers intend to distribute these dual fuel trucks to more than thirty prospective customers so that they may evaluate the costs savings and benefits of APG's V5000 Dual Fuel Turbocharged Natural Gas(TM) System. Eighteen of these systems were shipped in September with the balance scheduled to be delivered within the next sixty to ninety days.
Lyle Jensen, American Power Group Corporation's President and Chief Executive Officer, stated, "With the eighty-eight EPA Over Useful Life ('OUL') engine family approvals received since May 1, 2012, we are entering the next phase of our production roll-out. The forty-two trucks in this most recent order will be evaluated by fleet owners who operate fleets ranging from hundreds to thousands of trucks. Because the units ordered encompass both CNG and LNG configurations, we are looking forward to receiving important feedback from fleet operators who return to a home base daily as well as long haul routes."
Mr. Jensen further commented, "We are working to complete all remaining EPA OUL emission testing in the next few months, to bring our total to approximately two hundred OUL engine families, representing a multi-million dollar market opportunity. Concurrently, we have begun our Intermediate Age (IUL) testing at the University of Houston Diesel Test Center and anticipate completing our first IUL test within the next 60 days. We believe APG's aftermarket dual fuel technology is the key stepping stone for thousands of fleet owners to gain the economic benefits of the price spread between diesel fuel and natural gas while also enjoying the flexibility and comfort level of diesel-like performance."

Tuesday, October 9, 2012

APG to Present at Green Transportation Conference



American Power Group today announced that Lyle Jensen, President and Chief Executive Officer, will be one of the featured lunchtime presenters at the Green Transportation Conference, scheduled to take place on Wednesday, October 24 at the Sheraton Portland Airport Hotel in Portland, Oregon. Mr. Jensen will provide an overview of APG's operations, dual fuel technology, EPA approvals of engine families, and other industry achievements. In addition, a customer vehicle which has been up-fitted with APG's dual fuel solution will be on display at the conference.
The Green Transportation Conference is an alternative fuels and fleet modernization event and organizers anticipate that more than 450 fleet owners and managers will be in attendance.
About American Power Group Corporation American Power Group's alternative energy subsidiary, American Power Group, Inc., provides a cost-effective patented Turbocharged Natural Gas(TM) conversion technology for aftermarket vehicular, stationary and off road mobile diesel engines. American Power Group's dual fuel technology is a unique non-invasive energy enhancement system that converts existing diesel engines into more efficient and environmentally friendly engines that have the flexibility to run on: (1) diesel fuel and liquefied natural gas; (2) diesel fuel and compressed natural gas; (3) diesel fuel and pipeline or well-head gas; and (4) diesel fuel and bio-methane, with the flexibility to return to 100% diesel fuel operation at any time. The proprietary technology seamlessly displaces up to 80% of the normal diesel fuel consumption with the average displacement ranging from 40% to 65%. The energized fuel balance is maintained with a proprietary read-only electronic controller system ensuring the engines operate at original equipment manufacturers' specified temperatures and pressures. Installation on a wide variety of engine models and end-market applications require no engine modifications unlike the more expensive invasive fuel-injected systems in the market. See additional information at: www.americanpowergroupinc.com 


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Wednesday, August 22, 2012

Extra Extra GMTI is now APGI

American Power Group has been re-listed in the stock marker at APGI so that we the potential investor will be able to find it more easily.
American Power Group is a small company located in north central Iowa and they have an EPA certified duel fuel engine.
Current projects include the production of generators to power the massive engines used in "fracking" (A topic I will discuss later)
APGI is an awesome stock to buy....especially if you support local businesses and a greener engine.

Check them out on Etrade
APGI

Monday, June 25, 2012

GMTI (Greenman) announces favorable emissions tests

GreenMan Technologies, Inc. (GMTI) announced that its American Power Group, Inc. (APG) subsidiary has recently met the emissions testing requirements necessary to begin selling our dual fuel conversion system for selected high-horsepower non-road compression ignition (NCRI) engine families, which are primarily used in multi-stage fracturing of shale gas and shale oil recovery.

Lyle Jensen, GreenMan's CEO, stated, "During the past fifteen months, we have gone from two initial installations in the oil and gas industry to over forty-five retrofits to-date. These successes have positioned APG as a market leader in retrofitting the most popular lower horsepower 1475 HP engines traditionally used by the major oil and gas exploration companies. As a result of this success and compelling economic returns, we have been approached by many of the top oil and gas exploration companies regarding our ability to retrofit the high horsepower engines. Today's announcement is an important milestone in our ongoing effort to increase revenue and our exposure to the oil and gas exploration industry. We now have a clear legal path to begin accepting pre-production test orders from customers on the newer diesel pump engines (IUL) being deployed."
Mr. Jensen added, "While a traditional oil and gas drilling site operates three diesel engines, a typical hydraulic fracturing site is comprised of up to twenty high horsepower diesel pumps like the one described above. Our initial target market is the estimated 2,000 new high horsepower diesel pumps being deployed by the hydraulic fracturing industry annually in the United States."

 Their stock is open to public trade...if you are interested in supporting a dual fuel engine built right here in Iowa then look into GMTI.

GMTI supports APG (American Power Group) more and more every passing year. This company is located here in the Midwest. In fact its main facility is in Algona, Iowa. That is one of those good old towns where everybody knows everybody. It is good to know the money for this Dual Fuel system is not going to be going over seas or even to another state....its all staying right here in the Midwest to help support our economy.

Tuesday, April 10, 2012

American Power Group 10% increase

LYNNFIELD, MA--(Marketwire -02/15/12)- GreenMan Technologies, Inc. (OTCQB: GMTI.PK - News) (Pinksheets: GMTI.PK - News), today announced results for the three months ended December 31, 2011. Revenues at the company's American Power Group (APG) dual fuel subsidiary increased to $396,000 from $360,000 for the same quarter last year.
Lyle Jensen, GreenMan's President and Chief Executive Officer commented, "Overall, this was a solid quarter for our Company, in which we continued to drive revenue growth both compared to last year and sequentially. As our dual fuel technology gains acceptance domestically and internationally, we are making steady progress toward profitability and positive earnings performance. On the stationary front, the use of our technology in aftermarket upgrade applications in the oil and gas industry has demonstrated successful field performance and also provides a favorable economic model which has driven demand for our solution, creating a robust conversion pipeline. In the domestic vehicular market, we believe that the recent changes in EPA aftermarket regulations leave us uniquely positioned to capitalize on conversion opportunities and we currently have three engine families under EPA exemption that are scheduled to go through emissions testing shortly. We anticipate fully launching our vehicular conversion strategy during spring 2012."
APG's dual fuel system converts diesel engines and diesel generators to function more efficiently and at a lower operating cost (average net fuel cost savings of 20% - 35%) by seamlessly displacing up to 40% - 60% of the normal diesel fuel consumption with either CNG, LNG, pipeline gas, well-head gas, or other qualified bio-methane gases. APG's system is non-invasive to the OEM engine and operates within all OEM performance controls with the flexibility to return to 100% diesel operation at any time. APG's dual fuel conversion and emissions reduction systems can help users achieve their sustainability goals through lower carbon monoxide, nitrogen oxide, and particulate matter emissions. In addition, the introduction of natural gas through APG's dual fuel system does not impact diesel engine power or torque and will assist in extending the engine's oil life as natural gas is a cleaner burning fuel compared to diesel.

Monday, April 9, 2012

GMTI - American Power Group 151% increase

Check out their Website
LYNNFIELD, MA--(Marketwire -01/17/12)- GreenMan Technologies, Inc. (OTCQB: GMTI.PK - News) (Pinksheets: GMTI.PK - News) today announced results for the three and twelve months ended September 30, 2011. Revenues at the company's American Power Group (APG) dual fuel subsidiary increased to $347,000 from $138,000 for the same quarter last year and increased to $1,768,000 from $333,000 for the prior fiscal year.
APG's dual fuel system converts diesel engines and diesel generators to function more efficiently and at a lower operating cost (average net fuel cost savings of 20% - 35%) by seamlessly displacing up to 40%-60% of the normal diesel fuel consumption with either CNG, LNG, pipeline gas, well-head gas, or other qualified bio-methane gases. APG's system is non-invasive to the OEM engine and operates within all OEM performance controls with the flexibility to return to 100% diesel operation at any time. APG's dual fuel conversion and emissions reduction systems can help users achieve their sustainability goals through lower carbon monoxide, nitrogen oxide, and particulate matter emissions. In addition, the introduction of natural gas through APG's dual fuel system does not impact diesel engine power or torque and will assist in extending the engine's oil life as natural gas is a cleaner burning fuel compared to diesel.