2016
August 29, 2016
IMPCO Technologies has confirmed the release of a new GS2 high flow CNG fuel injector, available globally.
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August 23, 2016
Supports new standards for greenhouse gas emissions & fuel efficiency
Next generation natural gas engines and vehicles including Westport High Pressure Direct Injection 2.0 (“Westport™ HPDI 2.0”) and Enhanced Spark Ignition (“Westport™ ESI”) technologies comply with the new Phase 2 GHG emissions and fuel efficiency standards and offer significant GHG emission reduction benefits through the combination of low-carbon fuels and high-efficiency engines.
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August 22, 2016
Company remains committed to Chinese market & continues to advance Westport™ HPDI 2.0 program
Westport Fuel Systems announced that it has entered into agreements to sell an 11.7% interest in the Weichai Westport Inc. joint venture for gross proceeds of 48.2 million RMB (approximately US$7.2 million) to Weichai Holding Group Co., Ltd. and an additional undisclosed purchaser. Associated with the sale, Westport Fuel Systems will also receive a dividend payment of 23.8 million RMB (approximately US$3.5 million) from the joint venture, generating total gross proceeds of 72.0 million RMB (approximately US$10.7 million).
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August 18, 2016
IMPCO Technologies continues product expansion with a new line of Internal Solenoid Tank Valves.
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August 9, 2016
Key Deliverables Set for 2016, Portfolio Review Underway
Westport Fuel Systems reports financial results for the quarter ended June 30, 2016. The quarter and year-to-date results for the period ended June 30, 2016 include one month of the former Fuel Systems Solutions results following completion of the merger that closed on June 1, 2016. All figures are in U.S. dollars unless otherwise stated.
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August 4, 2016
IMPCO Technologies releases of an expanded line of GFI branded high pressure compressed natural gas thermal pressure relief devices.
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August 2, 2016
VANCOUVER, BC – Westport Fuel Systems Inc. announces it will disclose its financial results for the second quarter ended June 30, 2016 on Tuesday, August 9, 2016 before market open. To coincide with the disclosure, Westport has also scheduled a conference call for Tuesday, August 9, 2016 at 7:00 am Pacific Time (10:00 am Eastern Time).
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August 1, 2016
Post-merger consolidation quickly underway. Customer programs to proceed on schedule.
Westport Fuel Systems announces initial post-merger actions targeted at consolidating operations and driving efficiencies while maintaining ability to deliver OEM customer programs on schedule. Included in these efforts is the sale of non-core assets that unlock invested capital without disrupting delivery of OEM customer programs.
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July 22, 2016
Nancy Gougarty to lead global alternative fuel company
The Westport Fuel Systems Inc. Board of Directors is delighted to announce the appointment of Nancy S. Gougarty as CEO effective immediately. David R. Demers, Westport's current CEO, is retiring from the company but will be available to the leadership team in an advisory role through a transition period.
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June 29, 2016
Westport Fuel Systems held its Annual Meeting yesterday in Vancouver, British Columbia. Shareholders approved all resolutions presented including the election of all nominated directors.
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