Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Dennis Roth who wrote (183228)	3/29/2014 7:04:34 AM
From: Dennis Roth	2 Recommendations Recommended By evestor isopatch Respond to of 206179

Agility Launches Next-Generation Side-Mount CNG System for Class 7 and 8 Trucks prnewswire.com ------- Luxfer Group has purchased Vexxel Composites LLC onlinetes.com ...Founded in 2012, Vexxel specializes in Type 4 (polymer-lined) carbon composite cylinders for use as fuel tanks for CNG-powered vehicles. Luxfer Group CEO Brian Purves says, “This acquisition provides our gas cylinder business with a facility purpose-built for the manufacture of new Type 4 composite cylinder products, which will be targeted primarily at the class 8 heavy-duty truck market, where a high rate of conversion from diesel to CNG is widely anticipated. Luxfer is in final stages of developing a new range of larger-diameter Type 4 cylinders for growing CNG markets to complement its existing lightweight range of Type 3 aluminum-lined cylinder products and systems." Andy Butcher, president of Luxfer Gas Cylinders, North America, adds, “Vexxel’s proven engineering and technological capabilities are highly complementary to Luxfer, especially their expertise in manufacturing Type 4 cylinders for CNG. Acquiring the business adds another 4,000 units per year to Luxfer’s CNG production capacity, and we will benefit from their highly trained workforce and integrated facilities. Most importantly, we are now well positioned to launch our premium Type 4 design, which will be the lightest in weight and also extremely tough and durable..." --- Luxfer Expands Gas Cylinder Biz, Buys Vexxel by Zacks Equity Research Published on March 25, 2014 zacks.com ...Luxfer Holdings currently has a market capitalization of $520 million and carries a Zacks Rank #4 (Sell)...