Ballard keeps forming alliances.
Perhaps SUNBEAM - SOC (NYSE) is a good choice also....
biz.yahoo.com
Sunday January 16, 11:38 am Eastern Time
Ballard Power, Sunbeam unit in generator venture
VANCOUVER, Jan 16 (Reuters) - Fuel cell developer Ballard Power Systems Inc. (Toronto:BLD.TO - news) and Sunbeam Corp.'s (NYSE:SOC - news) Coleman Powermate Inc. unit, a leader in portable electric generators and air compressors, on Sunday announced a tie-up to use Ballard fuel cells to develop new portable and back-up power generating products.
The two companies said they will produce 50 prototype units for initial product testing using Ballard's recently launched Mark 900 fuel cell. Ballard said portable generators powered by its fuel cells will be clean, quiet and reliable.
Vancouver-based Ballard, whose zero-emission fuel cells are being used by automakers in prototypes as they race to create environmentally-friendly engines as well as in electrical equipment and portable power product manufacturers, launched the smaller, lighter and more powerful Mark 900 at the North American International Auto Show in Detroit last week.
The companies said demand for portable and standby power generation products is growing partly because of increasingly severe weather patterns and times of heavy demand on electric power grids.
The companies plan to offer any products developed as a result of the venture to consumers through Coleman Powermate's retailers and distributors. Colemate Powermate is a unit of Boca Raton, Fla.-based Sunbeam Corp.
''As a leader in portable power products, Coleman Powermate has a substantial share of the portable power generation market in North America. Their expertise, combined with Ballard's leadership in fuel cells and fuel cell systems, will allow rapid development of products for this growing market,'' Ballard chairman and chief executive Firoz Rasul said in a statement.
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More Sunbeam - SOC links to news.
Maytag and Sunbeam - Maytag is affordable at this level also.
dailynews.yahoo.com
Helen of Troy - Talk about a beautiful press release!!!
biz.yahoo.com
All of these pr's were after the Friday bell. |
