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Showing posts with label natural gas and diesel engine. Show all posts
Showing posts with label natural gas and diesel engine. Show all posts

Wednesday, July 24, 2013

American Power Group Corporation Engages Porter, LeVay & Rose, Inc. for Investor Relations


American Power Group Corporation (OTCQB: APGI), announced today that it has engaged Porter, LeVay & Rose, Inc. (PLR) to provide investor relations services.
Chuck Coppa, Chief Financial Officer of American Power Group Corporation, said, "We are very pleased to engage PLR to lead our investor relations initiative. Michael Porter has extensive experience with microcap companies and a deep understanding of the Company's technology and goals. 




We look forward to working with PLR to expand our outreach efforts and raise awareness of American Power Group among investor audiences and look forward to leveraging the breadth and depth of knowledge that Mr. Porter and his team will bring to American Power Group Corporation."
PLR is a premier full-service investor relations and corporate communications firm that has functioned as a principled and responsible liaison with its clients' stakeholders for four decades. PLR represents clients in a wide range of industries, including technology, biotech, medical devices, manufacturing, business services, and retail. Find PLR online at www.plrinvest.com.


For more information check out the news release: APGI - Etrade

Thursday, March 21, 2013

American Power Group Partners with Fitzgerald Glider Kits to debut first natural gas duel fuel glider at truck show

More interesting news for American Power Group...as you can read form the title of the post they will be debuting their dual fuel engine with Fitzgerald gliders. This is very exciting news for the little company based out of Algona Iowa. These gliders are pretty much just the shell of the car, Fitzgerald and Wheeltime Network get together and refurbishe these gliders. This is a win win situation for everyone....buying the shell of the truck is much more cost effective and there is no need for any sort of special conversion necessary. Natural gas is a step towards the future.
More from Etrade - APGI


Lyle Jensen, American Power Group Corporation's President and Chief Executive Officer, stated, "We expect the 2013 Fitzgerald/APG Dual Fuel Glider to become one of most innovative and exciting new Class 8 vehicles on the road with 20%-30% lower net fuel costs as compared to standard diesel engines and up to 70% lower annual maintenance costs." Mr. Jensen added, "The introduction of a Dual Fuel Glider, coupled with the resources provided by a Fitzgerald/WheelTime Network/APG collaboration, could be the game-changer that accelerates the transition of Class 8 truck fleets to natural gas as an alternative fuel."


The benefits of a glider kit are significant. The initial purchase price is typically 25% lower than a new diesel truck. The Detroit Series 60 12.7 liter engine, which is rated at 500hp and 1,650 lb-ft torque, was one of the most popular engines of the 1990s, pre-dating the addition of emissions reduction equipment required on later model year engines. There are significantly less maintenance costs and downtime with the Series 60 12.7 liter engine. Additionally, fuel efficiency is typically better, with fuel mileage of up to 7 miles per gallon. The Fitzgerald Glider comes with a three-year, 300,000 mile warranty on both the engine and transmission.

Friday, March 15, 2013

American Power Group Making Big Deals - (APGI)


APG and its subsidiary American Power Group Inc has announced a 900,000$$ order to do some engine conversions on hydraulic pumps for the top 5 oil and natural gas producers in the world. This is some pretty huge news for a small company from Algona Iowa. APGI will be producing a turnkey operational solution for these hydraulic pumps and it will enable customers to install subsequent pumps. 

From Etrade - APGI
Lyle Jensen, CEO of American Power Group, stated, "We are pleased that, following extensive factory and field testing, APG's innovative Turbocharged Natural Gas(TM) System has once again been selected for its safety, reliability, and environmental efficiency by another world class oilfield and drilling service company. APG's user-friendly dual fuel system provides an oil and gas service contractor the maximum flexibility to utilize either pipeline gas, qualified well-head gas, liquefied natural gas (LNG), or compressed natural gas (CNG) to displace a large percentage of diesel fuel and realize a significant net fuel savings and lower emissions. Our oil and gas drilling customers have been experiencing paybacks ranging from three months (well-head gas) to nine months (liquefied natural gas), making our dual fuel solution one of the most compelling competitive decisions they can make. At a time when global diesel prices continue to escalate, the ability for operators to utilize our dual fuel technology with inexpensive, clean-burning, and plentiful domestic natural gas provides a significant competitive advantage for those that adopt an APG dual fuel operation. This is the second major order APG has received for dual fuel hydraulic fracturing in the past ninety days and we expect an accelerating adoption of our technology for both stationary and vehicular applications during 2013."