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LATHAM, N.Y., Feb. 16, 2016 -- Plug Power Inc. (NASDAQ:PLUG), a leader in providing clean, reliable energy solutions, today will welcome Congressmen Paul Tonko (D-NY) and Chris Gibson (R-NY) to a visit and full tour of Plug Power’s manufacturing facilities.
This tour will showcase the vertically integrated manufacturing operation in Latham, New York, and spotlight ways that Plug Power continues to lead hydrogen and fuel cell system development and manufacturing in both New York State, and the entire country. Following the tour, the Congressmen will join Plug Power CEO, Andy Marsh, for remarks to Plug Power employees and the media.
| WHO: | Congressman Paul Tonko | |||
| Congressman Chris Gibson | ||||
| Plug Power CEO, Andy Marsh | ||||
| WHAT: | Rep. Tonko and Rep. Gibson have been true leaders in Congress supporting hydrogen and fuel cell policies throughout their tenure. With their support, Plug Power continues to vertically integrate manufacturing in Latham, New York, investing in a state-of the-art product manufacturing facility. | |||
| Plug Power invites the press to join a live press conference being held at its headquarters where Rep. Tonko and Rep. Gibson will discuss the impact of sustainable energy solutions on commercial facilities throughout New York and the United States. | ||||
| WHERE: | Plug Power Inc. | |||
| 968 Albany Shaker Road | ||||
| Latham, New York 12110 | ||||
| WHEN: | February 16, 2016 | |||
| 2:00 pm ET | ||||
| SUMMARY: | Plug Power continues to strengthen its product portfolio with hydrogen and fuel cell products that offer customers reliable products that boost productivity and reduce costs in real-world applications. In the past 18 months, Plug Power has vertically integrated: | |||
-Proton Exchange Membrane (PEM) fuel cell stacks | ||||
| -Now manufactured in the United States, Plug Power’s proprietary high-power and low-power stacks are used in Plug Power’s mobile and stationary fuel cell systems. | ||||
-GenFuel outdoor hydrogen fueling skid | ||||
| -Rep. Tonko and Rep. Gibson will see first-hand where the outdoor hydrogen refueling infrastructure is manufactured and shipped to customers. Improvements in this product have allowed Plug Power to convert customers with as few as 20 lift trucks to economically viable hydrogen fuel cell power. | ||||
-GenFuel indoor hydrogen fueling dispensers | ||||
| -Plug Power has installed more than 100 GenFuel dispensers at customer sites, which dispense more than 2.5 tons of hydrogen daily. |
“We are extremely proud of the expansion and world-class nature of our manufacturing operations here in Latham- through vertical integration we have a differential advantage versus the competition due to a lower cost structure,” said Andy Marsh, CEO at Plug Power. “We have transformed this operation tremendously since the Congressmen last visited the facility and I look forward to showing off our industry leading success.”
About Plug Power Inc.
The powerhouse in hydrogen fuel cell technology, Plug Power is revolutionizing the industry with cost-effective solutions that increase productivity, lower operating costs and reduce carbon footprint. Its signature solution, GenKey, provides an all-inclusive package for customers, incorporating GenFuel hydrogen and fueling infrastructure, GenCare aftermarket service and either GenDrive or ReliOn fuel cell systems. GenDrive, a lead-acid battery replacement, is used in electric lift trucks in high-throughput material handling applications. With more than 10,000 GenDrive units deployed with material handling customers, GenDrive has been proven reliable with over 107 million hours of runtime. Plug Power manufactures tomorrow’s incumbent power solutions today, so customers can POWERAhead. Additional information about the Plug Power brands is available at www.plugpower.com.
Media Contact Teal Vivacqua 518.738.0269 [email protected]
