Coates International, Ltd. Announces That the Ramp-Up of Production of the Coates CSRV Industrial Electric Power Natural Gas Generators May Start Very Soon in China -- the Sixth Largest Manufacturer in China Signed a Confidential Agreement With Coates Pow
(firmenpresse) - WALL TOWNSHIP, NJ -- (Marketwired) -- 09/13/16 -- (OTC PINK: COTE) ) is pleased to announce that a major Chinese manufacturer has signed a confidential agreement with Coates Power Ltd. China. This will be the first step toward the ramp-up of production of the Coates CSRV industrial electric power natural gas generator set.
Company President and CEO, Mr. George J. Coates, comments: "This is the first step towards a major deal for the Coates organization. We have orders piling up, so it is imperative that the Company ramps up production as soon as possible. The Company is now planning to take deposits on its products and sign delivery dates. This is a very important step for the Company. Once delivery dates are set, our CSRV products must be shipped in accordance with each purchase order. The engine blocks, skids, radiators and generators will be built by Cummins USA and Cummins Engine Manufacturer China. Supply agreements are already in place with Cummins USA and Cummins China. The CSRV assembly shafts, bearings, heads, manifolds and fuel management systems will be produced and assembled to completion by Coates in the USA and China. When this takes place, I conclude that this Company will soar to new heights. Management is extremely satisfied with the Company''s continuing progress."
Safe Harbor Statement:
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Please see our filings with the Securities and Exchange Commission. Our public filings with the SEC may be viewed and printed on the website maintained by the SEC at .
Coates International, Ltd.
Phone: 732-449-7717
Fax: 732-449-0764
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 13.09.2016 - 05:00 Uhr
Sprache: Deutsch
News-ID 1457696
Anzahl Zeichen: 2740
contact information:
Contact person:
Town:
WALL TOWNSHIP, NJ
Phone:
Kategorie:
Cars
Typ of Press Release:
type of sending:
Date of sending:
Anmerkungen:
Diese Pressemitteilung wurde bisher 228 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Coates International, Ltd. Announces That the Ramp-Up of Production of the Coates CSRV Industrial Electric Power Natural Gas Generators May Start Very Soon in China -- the Sixth Largest Manufacturer in China Signed a Confidential Agreement With Coates Pow"
steht unter der journalistisch-redaktionellen Verantwortung von
Coates International, Ltd. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
