News Tagged with "Corporate"

May 11, 2017
corporatefinancial

Westport Fuel Systems Reports First Quarter 2017 Financial Results, 2017 Off to a Strong Start

Westport Fuel Systems Inc. reported financial results for the first quarter ended March 31, 2017, and provided an update on operations.

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May 4, 2017
corporatefinancial

Westport Fuel Systems to Announce First Quarter Results On Thursday, May 11, 2017

Westport Fuel Systems Inc. announced today that it will disclose its financial results for the first quarter ended March 31, 2017 on Thursday, May 11, 2017 after market close.

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April 17, 2017
corporatefinancial

Westport Fuel Systems Announces the Signing of a Definitive Agreement to Sell its APU Assets for USD$70 million

Sale in-line with previously announced portfolio review

Westport Fuel Systems Inc. today announced that it has entered into a definitive agreement to sell the assets of its Auxiliary Power Unit business for $70 million United States dollars, subject to certain customary adjustments.

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March 7, 2017
corporatefinancial

Westport Fuel Systems to Announce Fourth Quarter and Fiscal 2016 Results on Monday March 27, 2017

To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call for Monday, March 27, 2017 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

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February 1, 2017
corporateboard members

Westport Fuel Systems Announces Change to Chairman of Board of Directors

Brenda Eprile becomes Chairman

Westport Fuel Systems Inc. today announced that Warren Baker has decided to step down as Chairman of the Board of Directors. Dr. Baker will remain on the Westport Fuel Systems Board and will continue as Chair of the Nominating & Corporate Governance Committee. The Board has appointed Brenda Eprile, a director since October of 2013, as the new Chairman of the Board.

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January 11, 2017
corporateboard membersCummins WestportWestport HPDIWestporttechnologynatural gas

Westport Fuel Systems Commends New Pump-to-Wheels Methane Emissions Study

Next Generation Technologies Significantly Reduce Methane Emissions

Westport Fuel Systems today commended the publication of a new study by West Virginia University scientists at the Center for Alternative Fuels, Engines and Emissions (“CAFEE”) quantifying methane emissions from heavy-duty natural gas-powered vehicles and refueling stations.

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January 9, 2017
corporateboard members

Mariano Costamagna Transitions from Westport Fuel Systems Board of Directors

Remains in Company Ambassador Role

Westport Fuel Systems Inc. announced today that Mariano Costamagna has stepped down from the Board of Directors while continuing in his ambassador role with the company.

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September 26, 2016
board memberscorporate

Westport Fuel Systems Appoints New Director

Scott R. Mackie to join Board of Directors

Scott R. Mackie, President of Qualitor Inc.’s International Brakes Industries division—a leading diversified supplier of safety and wear parts for the automotive aftermarket—has been appointed to the Board of Directors of Westport Fuel Systems. In connection with this appointment, Dr. Dezso J. Horvath, one of Westport Fuel Systems’ current directors, will step down from the Board.

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July 22, 2016
board memberscorporatemanagement

Westport Fuel Systems Announces New CEO

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
board memberscorporate

Westport Fuel Systems Announces 2016 Annual Shareholder Meeting Results

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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News Releases

August 4

Westport Fuel Systems Announces Supply Contract with NAFTAL

MTM to Supply LPG Systems to the Growing Algerian Market

July 24

Westport Fuel Systems Secures €15 Million Loan from UniCredit

Transaction to Bolster the Liquidity of MTM in Cherasco, Italy

July 24

Westport Fuel Systems Announces Refinancing of Convertible Notes with Cartesian Capital Group

Westport Fuel Systems today announced that it has has entered into an agreement for the refinancing of its convertible notes held by funds associated with Pangaea Two Management, LP and Cartesian Capital Group.

July 23

Westport Fuel Systems Secures US$10 Million Credit Facility from Export Development Canada

Westport Fuel Systems today announced that they have closed a US$10 million term credit facility from Export Development Canada to bolster liquidity during the COVID-19 pandemic.

July 23

Westport Fuel Systems to Announce Second Quarter Results on Thursday, August 6, 2020

Westport Fuel Systems has also scheduled a conference call for Friday, August 7, 2020 at 10:30am ET (7:30am PT)

Industry News

Published: March 26

Coronavirus Economic Fallout May Boost NGVs as Alternative Transportation

Natural gas vehicles (NGV) may get a boost as power markets and renewable equipment production are seen as potential casualties.

Published: March 16

Europe Increasingly Turns to CNG, LNG

The statistics not only show continuously growing sales of CNG and especially liquefied natural gas fueled vehicles, but also the growth of corresponding fueling infrastructure.

Published: March 12

Finnish heavy-duty transport expert Simeon: ”Gas is energy of the future”

Simeon’s gas-powered Volvo is used to transport gas for partners. Stenberg is pleased with the new tractor unit.

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