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Non-Tech : IMPCO Technologies (IMCO), formerly AirSensors (ARSN)
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To: Jim Oravetz who wrote (205)8/3/2000 12:16:11 AM
From: Jim Oravetz  Read Replies (1) of 298
 
Impco received an contract extension, through 2006, from General Motors Corp. for the development and production of reduced emission vehicles.

Financial terms weren't disclosed.

In a press release Wednesday, Impco said under the contracts, which began in 1993, it will make fuel
systems which operate on natural gas and propane and meet reduced emission goals.

The vehicles will be developed at a Lake Forest, Calif., facility and manufactured in Detroit.

Impco, which makes fuel systems, had 1999 revenue of $112.8 million. Its shares recently traded up 2 1/2, or 10.6%, at 26 on Nasdaq volume of 214,200 shares. Average daily volume is 107,814 shares.
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