## Stuart implements postacquisition plan to integrate Vandenborre Toronto-based Stuart Energy Systems has implemented its integration plan in connection with its recent acquisition of Vandeborre Technologies in Belgium. The company expects the resulting benefits to include 'triple-digit sales rev
Stuart to acquire Vandenborre
- Publisher
- Elsevier Science
- Year
- 2003
- Tongue
- English
- Weight
- 59 KB
- Volume
- 2003
- Category
- Article
- ISSN
- 1464-2859
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โฆ Synopsis
Honda, Ballard sign three-year supply deal Ballard Power Systems has signed a supply agreement with Honda Motor Co to supply up to 32 Mark 902 fuel cell modules through 2005 and support services for Honda's FCV customer deliveries in the US and Japan.
The production supply agreement builds on Ballard's previous developmental supply agreement with Honda R&D Co, and confirms Honda's confidence in Ballard's fuel cell technology to meet Honda's stringent performance requirements. The deal enables Honda to deliver its fleet of Ballard-powered FCVs for operation in real-world conditions.
Ztek joins CaFCP to provide reformer
Massachusetts-based Ztek Corporation has joined the California Fuel Cell Partnership (CaFCP) as an associate partner. The company specializes in manufacturing fossil fuel-toelectricity and hydrogen conversion technology, and will team up with another CaFCP associate partner, Pacific Gas & Electric Company (PG&E) in San Francisco, to supply a hydrogen reformer system, expected to be operational later this year.
This system will use natural gas to produce hydrogen for the partnership's FCVs. It will be located at PG&E's Service Center in Auburn, 40 miles of CaFCP headquarters in West Sacramento, and is the partnership's third hydrogen fueling station in northern California.
๐ SIMILAR VOLUMES
T he boards of Hydrogenics Corpor- ation and Stuart Energy Systems Corporation -both based in the Toronto suburb of Mississauga -have agreed that Hydrogenics will acquire Stuart Energy in a deal worth approximately C$155 million (US$129 million). Hydrogenics is making a share exchange takeover bid t