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Pacific Fuel Cell Corp. (OTCBB:PFCE) is pleased to announce the opening of a 24,000 square foot plant in Willoughby, Ohio to produce fuel cell components. Initial production of bipolar plates is scheduled to begin shortly.
The first two press machines, including an 800 ton compression press machine, have been installed and are being tuned up. Initial orders are waiting to be filled.
George Suzuki, president of PFCE said: "PFCE's Ohio Plant will be configured to produce $100 million worth of business, starting with bipolar plate production. We plan to leverage our six year presence in the industry and our newly acquired capability of providing high temperature bipolar plates using licensed technology developed by SGL to become a major force in the alternative energy sector. Many of our bipolar plate customers are also prospects for our nanoMEA. We will be very busy ramping up our Ohio Plant this year."
About Pacific Fuel Cell Corp.
Pacific Fuel Cell Corp. is a nanotechnology company committed to producing fuel cell components with reduced cost and higher performance in the portable, stationary and micro fuel cell market, utilizing nanotechnology.
Certain matters discussed in this press release may constitute forward-looking statements within the Private Securities Litigation Reform Act of 1995 and, as such, may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.
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Pacific Fuel Cell Corp.
Stephen Godwin, 714-564-1693
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