The Westport Fuel Systems Supplier Manual has been developed as a guide for suppliers to become familiar with the method applied to supplier sourcing at Westport Fuel Systems. This includes the initial supplier evaluation process up to the qualification of suppliers to become a key supplier to Westport Fuel Systems.
This manual also defines the level of quality and service Westport Fuel Systems requires from its suppliers. This is intended to be the primary document for the purpose of communication of our Purchasing & Supply Chain and quality philosophies to our suppliers.
Delivers Positive Adjusted EBITDA
Westport Fuel Systems Inc. announced today that it will disclose its financial results for the second quarter ended June 30, 2018 on Thursday, August 9, 2018 after market close.
Westport Fuel Systems Inc. today announced that it has completed the sale of its compressed natural gas compressor business to Snam S.p.A., a leading European gas utility company, for total proceeds of 12.3 million Euro, net of a 500,000 Euro holdback to be released upon fulfillment of an independent audit process to be completed within 30 business days.
Westport Fuel Systems Inc. today announced the appointment of Mike Willis as Chief Financial Officer ("CFO") effective June 11, 2018. Ashoka Achuthan, Westport Fuel Systems current CFO, will step down from his position but continue to serve as an advisor to the leadership team through a transition period.
Revenue Guidance Adjusted to Reflect Sale