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Pacific Fuel Cell Corp. (OTCBB:PFCE) announced preparations have begun to increase production of Bipolar plates at its new manufacturing facility in Willoughby, Ohio. Additional equipment has been ordered, a second shift is being planned and the possibility of weekend production is being evaluated.
George Suzuki, President, stated, "I am very pleased with the progress of our bipolar plate production, which began in March of this year. It took only 3 months to ramp up and fill the first shift production. We are adding more equipment, planning a second shift of operation, and evaluating the feasibility of weekend work. There is more work out there than we initially anticipated and are working towards greater efficiency and continued quality while production increases. We believe that PFCE represents a new type of high technology component manufacturing company in the fuel cell industry."
Bipolar plates are a key component of the fuel cell system. When we receive low volume orders, production is done on a NC milling machine. When the production volume is high, molding presses are the manufacturing equipment of choice, which is a much more cost effective production method. Some of our customers are on the verge of placing high volume orders. We believe that PFC is the only specialty component manufacturer that has the right type of equipment and materials to efficiently process large orders at this time.
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.
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