Green Automotive Company Expands Its Production Facilities
September 25 2014 - 8:00AM
Business Wire
As revenue continues to grow, the company
adds to its manufacturing capabilities
Green Automotive Company (OTCQB: GACR) announced today that its
core activity, Newport Coachworks, is expanding its production
facility in Riverside, California, in order to meet the increasing
demand from customers for its high quality shuttle buses.
Today all Newport Coachworks production activity is carried out
in its 20,000sq ft plant in Riverside. The company has just signed
a contract to rent an additional 12,000sq ft building two miles
away from its existing facility; construction work has started to
adapt it to the company’s requirements. The new facility will be
ready in early October and the entire final assembly process will
be located there. The building will also provide new commercial
offices including design and development, a small show room and a
customer reception area. All fibreglass and frame construction as
well as paint operations will continue to be done in the original
factory. This expansion allows Newport Coachworks to move from a
production capacity of 2 buses to 4 or 5 buses per week and should
eventually employ an additional 20 workers.
Carter Read, President of Newport Coachworks: “The expansion,
which represents a 50% increase in production space, will help to
meet the continuous growth in demand for our products. August has
been a particularly strong month for us - underlining the need to
expand. We expect this trend should continue as we sign additional
dealership agreements around the country.”
Newport Coachworks is seen as one of the most innovative shuttle
bus manufacturers in North America, committed to producing
eco-friendly vehicles that help to reduce CO2 emissions and to
build a sustainable future.
About Green Automotive Company
visit www.thegreenautomotivecompany.com.
Forward Looking Statements - This release includes
forward-looking statements. For a copy of the Company’s full
statements regarding forward-looking statements please click here:
Safe Harbor Statement Green Automotive Company
Green Automotive CompanyPublic RelationsPetra Beitl,
+447791601666petra.beitl@the-gac.com
Green Automotive (CE) (USOTC:GACR)
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