Oakridge to Purchase 2.6 Gigawatt Hours of Automated Battery MFG Equipment for Expansion of MFG Facilities in FL, USA, Bringing Jobs and Manufacturing Back to America
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Press Release Pricing | News by Category | News by Country | News by US Region | Recent News | PR.com News on Your Site Press Releases Oakridge Global Energy Solutions Press Release Share Blog Receive press releases from Oakridge Global Energy Solutions: By Email PDF Version RSS Feeds: Oakridge to Purchase 2.6 Gigawatt Hours of Automated Battery MFG Equipment for Expansion of MFG Facilities in FL, USA, Bringing Jobs and Manufacturing Back to America Oakridge Global Energy Solutions, Inc. is excited to announce that it has reached agreement-in-principle for a long term supply agreement with a major lithium-ion battery assembly equipment manufacturer to provide the Company with automated manufacturing equipment to significantly expand its existing production capacity currently in place at its facilities in Melbourne and Palm Bay, Florida.This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.Contact: Oakridge Global Energy Solutions, Inc. www.oakg.net 3520 Dixie Highway Palm Bay, 32905, Florida, USA Ph: (321) 610-7959 Melbourne, FL, September 24, 2015 --( PR.com )-- Oakridge Global Energy Solutions: A New Era in Battery ManufacturingOakridge to Purchase 2.6 Gigawatt Hours of Automated Battery Manufacturing Equipment for the Expansion of its Manufacturing Facilities in Florida, USA, bringing jobs and manufacturing back to AmericaOakridge Global Energy Solutions, Inc. (OGES) is excited to announce that it has reached agreement-in-principle for a long term supply agreement with a major lithium-ion battery assembly equipment manufacturer to provide the Company with automated manufacturing equipment to significantly expand its existing production capacity currently in place at its facilities in Melbourne and Palm Bay, Florida.“While the full details of this deal are still being finalized, we are aiming for delivery of the first new automated production line to take place during December, with follow-on deliveries each month until all the equipment from the first order is installed and commissioned at our manufacturing facilities in Florida.” Mr. Barber added that “with 10 additional, state-of-the-art, fully automated mixing and coating lines with a capability of more than 500 meters per minute of electrode manufacturing capacity, coupled with an additional 10 automated cell assembly lines, OGES is kicking off a new era in battery manufacturing, and playing a very important role in the on-shoring movement to bring jobs and manufacturing back to America.”The full details of the new equipment manufacturing supply agreement will be disclosed by the Company when all the final aspects of the deal are completed.“After several months of qualifying equipment vendors, we are excited about reaching the decision to partner with this particular company to supply our equipment on a long term basis,” says Oakridge Director of Engineering, Rodney Day.This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.Contact:Oakridge Global Energy Solutions, Inc.www.oakg.net3520 Dixie HighwayPalm Bay, 32905, Florida, USAPh: (321) 610-7959 Contact Information Oakridge Global Energy Solutions Steve Barber 321-610-7959 www.oakg.net Click here to view the list of recent Press Releases from Oakridge Global Energy Solutions Promote Your Business Press Release Pricing Email this page to a friend