VivoPower International PLC’s Kenshaw Critical Power Business Expands to New Headquarters
February 16 2022 - 4:30PM
VivoPower International PLC (NASDAQ: VVPR) (“VivoPower,” the
“Company”) is pleased to announce that its wholly-owned subsidiary
in Australia, Kenshaw Electrical Pty Limited (“Kenshaw”), has
completed a move to a new headquarters and workshop facility to
support the business’s expanding operations.
Located in Cardiff, New South Wales, the new
10,000 square meter (108,000 square feet) facility provides 2,763
square meters (29,740 square feet) of workshop and office space, an
85% increase over Kenshaw’s previous location. The expansive,
modern building features three overhead cranes and a 1,000 ampere
power supply to accommodate more and larger critical power services
projects for Kenshaw’s growing client base, including customers in
the data center, mining and resources, health care, infrastructure,
and manufacturing industries.
Adam Malcolm,
General Manager of
Kenshaw, said: “The past few
years have been a time of exciting growth and transformation for
Kenshaw, albeit punctuated by the disruptions from COVID-19
lockdowns especially over the last 12 months. This relocation will
enhance our business capabilities and service capacity, ensuring
Kenshaw’s existing and new clients’ expectations are not only met,
but exceeded. As Australia’s international and domestic borders
reopen, we expect strong industry tailwinds to resume with a
rebound in activity in the year ahead. I look forward to continuing
to develop and expand our business in Kenshaw’s new home.”
About VivoPower
VivoPower is a sustainable energy solutions
company focused on battery storage, electric solutions for
customized and ruggedized fleet applications, solar and critical
power technology and services. The Company's core purpose is to
provide its customers with turnkey decarbonization solutions that
enable them to move toward net zero carbon status. VivoPower is a
certified B Corporation with operations in Australia, Canada, the
Netherlands, the United Kingdom, the United States and the United
Arab Emirates.
About Kenshaw
Kenshaw is a wholly-owned subsidiary of
VivoPower in Australia. Founded in 1981, Kenshaw has a
differentiated mix of critical electrical power, critical
mechanical power and non-destructive testing capabilities for
customers across a range of industries. Kenshaw specializes in:
- generator
design, turn-key sales and installation;
- generator
servicing and emergency breakdown services;
- electrical
motor service and repair;
- customized
motor modifications;
- non-destructive
testing services including crack testing;
- diagnostic
testing such as motor testing, oil analysis, thermal imaging and
vibration analysis; and
- industrial
electrical services.
Forward-Looking Statements
This communication includes certain statements
that may constitute “forward-looking statements” for purposes of
the United States federal securities laws. Forward-looking
statements include, but are not limited to, statements that refer
to projections, forecasts or other characterizations of future
events or circumstances, including any underlying assumptions. The
words “anticipate,” “believe,” “continue,” “could,” “estimate,”
“expect,” “intends,” “may,” “might,” “plan,” “possible,”
“potential,” “predict,” “project,” “should,” “would” and similar
expressions may identify forward-looking statements, but the
absence of these words does not mean that a statement is not
forward-looking. Forward-looking statements may include, for
example, statements about the benefits of Kenshaw’s new facility or
future growth of the Kenshaw business. These statements are based
on VivoPower’s management’s current expectations or beliefs and are
subject to risk, uncertainty and changes in circumstances. Actual
results may vary materially from those expressed or implied by the
statements herein due to changes in economic, business, competitive
and/or regulatory factors, and other risks and uncertainties
affecting the operation of VivoPower’s business. These risks,
uncertainties and contingencies include changes in business
conditions, fluctuations in customer demand, changes in accounting
interpretations, management of rapid growth, intensity of
competition from other providers of products and services, changes
in general economic conditions, geopolitical events and regulatory
changes and other factors set forth in VivoPower’s filings with the
United States Securities and Exchange Commission. The information
set forth herein should be read in light of such risks. VivoPower
is under no obligation to, and expressly disclaims any obligation
to, update or alter its forward-looking statements whether as a
result of new information, future events, changes in assumptions or
otherwise.
Contact
Shareholder Enquiries
shareholders@vivopower.com
Media Enquiries
vivopower@secnewgate.co.uk
Sophie Morello / Jessica Hodson Walker / Richard Bicknell
VivoPower (NASDAQ:VVPR)
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