Coca Cola Mexico Uses IMPCO Product
September 27 2004 - 10:00AM
PR Newswire (US)
Coca Cola Mexico Uses IMPCO Product CERRITOS, Calif., Sept. 27
/PRNewswire-FirstCall/ -- IMPCO Technologies Inc., (NASDAQ:IMCO).
Mexico City is among the ten most polluted cities in the world.
When the Mexico City government mandated that vehicles fueled by
liquid fuels could be curbed during pollution alerts and that
vehicles operating with clean burning fuels such as propane and
natural gas would be exempt, it became apparent to Coca Cola Mexico
that a fuel change was required to keep their delivery trucks
running uninterrupted. With a fleet of 6,000 delivery vehicles in
Mexico City, the management of Coca Cola Mexico knew that is was
imperative that they make the right decision in choosing a company
who could provide the products and expertise to support the
conversion of the vehicles from petrol to propane. IMPCO was chosen
due to its history and reputation for supporting the successful
conversion of other fleets over 25 years in Mexico. Coca Cola
Mexico has converted 2,500 vehicles in Mexico City. Also, Coca Cola
Mexico has converted an additional 7,500 vehicles out of a total of
25,000 delivery vehicles not in Mexico City. With gasoline priced
at $2.07 per gallon and propane at only $1.20 Coca Cola Mexico will
be able to realize yearly fuel savings of over US$10 million and
stop fuel theft. Brad Garner, Vice President and COO of IMPCO
Technologies stated, "IMPCO's reputation in Mexico, our history of
success and a technical support staff in Mexico led Coca Cola
Mexico to use IMPCO equipment for all of their conversions."
Regarding IMPCO: IMPCO designs, manufactures, markets and supplies
advanced alternative fuel systems and related products to original
equipment manufacturers and to the aftermarket for the mobile,
industrial, power generation, and stationary engines market place.
Headquartered in Cerritos, California, IMPCO has offices in Asia,
Europe, Australia and South and North America. More information can
be found at IMPCO's web site, http://www.impco.ws/ Except for
historical information, the statements, expectations and
assumptions contained in the foregoing press release are
forward-looking statements. Such forward-looking statements
include, but are not limited to, the company's expectations
regarding revenues in future periods. Such statements are subject
to a number of risks and uncertainties, and actual results could
differ materially from those discussed in any forward-looking
statement. Readers should consider the risk contained in the
section entitled "Management's Discussion & Analysis of
Financial Conditions on Results of Operations - Risk Factors" in
its Annual Report on Form 10-K for the period ended December 31,
2003. The company does not undertake to update or revise any of its
forward-looking statements even if experience or future changes
show that the indicated results or events will not be realized. For
further information, please contact Dale Rasmussen, Investor
Relations, IMPCO Technologies Inc., +1-206-315-8242, or fax,
+1-206-315-8301, . DATASOURCE: IMPCO CONTACT: Dale Rasmussen,
Investor Relations, IMPCO Technologies Inc., +1-206-315-8242, or
fax, +1-206-315-8301, Web site: http://www.impco.ws/
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