Technology Stocks : Westport Inovations
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To: Keith O who wrote (1)10/23/2011 1:21:22 PM
From: MoneyPenny1 Recommendation   of 40
I've just begun looking at this one. I can't believe there is so little mention on SI and this thread with no responses. Hmmm.

I started looking at this when I noticed that our garbage hauler uses NG trucks (veolia). Here is a comment by Westport CEO: earlier this year.

“Strong demand from the North American refuse truck market and Westport’s global Light-Duty (LD) automotive business helped grow revenue for the quarter. “As more mature Westport lines of business demonstrate strong growth and bottom line financial performance, we are making strategic investments to maintain Westport’s technology leadership and expand our coverage across the full range of worldwide markets for engines.

“The market for natural gas heavy-duty trucks saw transformative investments announced recently by Encana, Chesapeake Energy and Clean Energy Fuels that will see rapid development of fueling corridors as well as their own adoption of natural gas as a vital energy source in their operations and supply chain.”
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