Fariello, Chairman, President and Chief Executive Officer of EDO Corporation, stated: "The sale of EDO ANGI
is consistent with our previously announced decision to discontinue our participation in the alternative fuels market.
Stephen Moule, president of Gilbarco North America, said, ANGI s team brings valuable expertise into the Gilbarco family, allowing us to accelerate technology advancements and manufacturing excellence in natural gas fueling.
John Grimmer, ANGI president, said, ANGI continues to grow rapidly due to customer demand.
Bakersfield, California, has awarded EDO ANGI a contract for a complete compressed natural gas (CNG) fueling station, featuring an oil-free RIX 4VX compressor configuration.
The 40 scfm RIX station package also includes an EDO ANGI AMP III control system, gas dryer, cascade storage, and dual-hose dispenser.
EDO ANGI is a full service packager and manufacturer of compressed natural gas fueling stations and vehicle conversion equipment.
At present, there are approximately 250 stations across the country using EDO ANGI equipment, with the majority located on the West Coast and in the Midwest.
The EDO ANGI packaged station is the second of three stations planned for the Palm Beach Gardens area.
The conversion kits are designed and manufactured by EDO ANGI
, the on-board storage containers are EDO LiteRider(R) NGV cylinders, and the refueling station equipment is integrated and packaged by EDO ANGI
to the programs' exact specifications.
He also noted that, "Since the day EDO ANGI became a part of the EDO Energy team, all of our efforts have gone into ensuring that our fueling stations, and our conversion systems, meet the highest quality levels possible.
Vance Anderson, Director, CNG Vehicles for Consumers Power, supported the idea that the EDO ANGI equipment was an ideal choice for the five-station project noting the commitment EDO ANGI has made to continuously improving not only the products, but service and maintenance issues as well.
stockholders - or anyone with knowledge about this situation - should contact lawyer Hamilton Lindley at hlindley@deanslyons.