Fuel Systems' IMPCO Automotive Division Receives AT&T Order
Fuel Systems Solutions, Inc. (NASDAQ: FSYS) announced that its IMPCO Automotive division, a Gaseous Fuels QVM of Ford Motor Company (NYSE: F), recently received an order from AT&T (NYSE: T) to convert 650 MVP Ford F350 trucks to run on dedicated CNG fuel systems. These 650 chassis cab one tons are equipped with Ford's gaseous prepped 6.2L engine and will leave IMPCO Automotive's Union City, IN high volume production facility with 25GGE of CNG before transportation for the utility body installation. The order will be managed using the Ship-Thru capability as a Gaseous Fuels Qualified Vehicle Modifier (QVM) which IMPCO recently obtained.
Mariano Costamagna, Fuel Systems' CEO, said, "As a Ford QVM recently awarded of Ship-Thru capability, we are thrilled to receive this order, which demonstrates large fleets' recognition of the benefits of CNG as a clean and less expensive alternative to gasoline and affirms the early stage expansion of the gaseous fuels market in the US. The order emerged from IMPCO's US development efforts and its commitments to provide US customers with high level alternative fuel products."
IMPCO Automotive's gaseous fuel systems are designed and validated through utilization of internal engineering OEM expertise. The entire gaseous fuel system