~LNG Truck Order in Concert with a Refuelling Station Planned by Terasen
VANCOUVER, Dec. 21 /CNW/ - Westport Innovations Inc. (TSX:WPT /
NASDAQ: WPRT), a global leader in alternative fuel, low-emissions
transportation technologies, today announced that Vedder Transport Ltd.
of Abbotsford, British Columbia has issued a purchase order for 50
Peterbilt 386 liquefied natural gas (LNG) trucks featuring Westport HD
Systems. Vedder Transport Ltd., a division of the Vedder Transportation
Group, specializes in the transportation of Food Grade products in a
bulk liquid or dry state and offers dedicated and irregular route,
truck load and less than truck load freight services throughout Canada,
and between Canada and the United States.
The new trucks, powered by Westport HD, will be used on routes within
Southern British Columbia primarily servicing the Bulk Food Grade
Industry such as the British Columbia Dairy Producers and other liquid
or dry state world wide agricultural organizations, making Vedder
Transport Ltd. one of the world's most environmentally clean
transporter servicing these markets.
Terasen Gas, a subsidiary of Fortis Inc., the largest distributor of
natural gas in British Columbia, will fuel the Vedder Transport natural
gas fleet through a planned LNG refuelling station in Abbotsford, which
is expected to be built in 2011. In addition, Terasen Gas, through its
Energy Efficiency and Conservation program, will offset the incremental
cost of using LNG-powered trucks rather than their traditional diesel
"This is a significant order for LNG trucks in Western Canada," said
Clark Quintin, President of Westport's HD division. "It further
demonstrates that natural gas is rapidly becoming a mainstream fuel
solution for the trucking industry in Canada. With the Province's 33%
carbon reduction target by 2020, substantial commitment from Vedder
Transport and Terasen Gas to operate LNG trucks is helping the Province
achieve this target."
"At Vedder, we are committed to protecting the environment for future
generations. Adding natural gas trucks to our fleet will help us reduce
transportation-related emissions, ultimately improving air quality
while reducing fuel management expenses," said Fred Zweep President of
the Vedder Transportation Group.
"At Terasen Gas, we pride ourselves on being a forward thinking
organization committed to helping address B.C.'s climate action goals
by providing innovative energy solutions such as this for the
transportation sector. We are working to facilitate the use of natural
gas in new ways within B.C.," said Doug Stout, Vice President, Energy
Solutions and External Relations, Terasen Gas and FortisBC. "These new
trucks are a further demonstration that natural gas is an
economically-viable, environmentally-friendly and convenient fuel
source for the transportation sector."
"Peterbilt LNG trucks allow trucking fleets to move to lower-cost,
domestically available natural gas while reducing harmful emissions and
providing the performance that our customers need," said Arlen Savitt,
Assistant General Manager at Peterbilt Motors. "We are excited to
deliver an industry-leading product that will support Vedder's business
and their commitment to the environment."
The Westport HD System consists of the GX 15-litre engine, proprietary
Westport fuel injectors, LNG fuel tanks with integrated cryogenic fuel
pumps, and associated electronic components to facilitate robust
performance and reliable operation. The Westport HD GX engine is
certified and compliant to 2010 U.S. Environmental Protection Agency
and California Air Resources Board emission limits in North America.
About the Vedder Transportation Group
The Vedder Transportation Group remains a family owned and operated
company with its head office located in Abbotsford, BC. With its two
trucking companies, Vedder Transport Ltd and Can-Am West Carriers Inc,
the companies offer dedicated and irregular route highway less than
truck load (ltl) and truck load (tl) specialized and general freight
services throughout Canada and between Canada and the United States.
The Vedder Transportation Group now operates a diverse fleet of 300
tractors and over 800 semi trailers, employing hundreds of people. www.vtlg.com
About Terasen Gas
Terasen Gas is composed of the operations of Terasen Gas Inc., Terasen
Gas (Vancouver Island) Inc., and Terasen Gas (Whistler) Inc. Terasen
Gas is a leading integrated energy solutions provider, focused on the
safe and reliable provision of natural gas, propane and alternative
energy solutions. Terasen Gas serves approximately 939,000 residential
and commercial customers in more than 125 B.C. communities. Terasen Gas
employs more than 1,280 people in British Columbia and is indirectly
wholly owned by Fortis Inc., the largest investor-owned distribution
utility in Canada. Fortis Inc. shares are listed on the Toronto Stock
Exchange and trade under the symbol FTS. Additional information can be
accessed at www.fortisinc.com or www.sedar.com.
About Westport Innovations Inc.
Westport Innovations Inc. is a global leader in alternative fuel,
low-emissions technologies that allow engines to operate on
clean-burning fuels such as compressed natural gas (CNG), liquefied
natural gas (LNG), hydrogen, and biofuels such as landfill gas. Our
unique technologies reduce nitrogen oxides (NOx), particulate matter
(PM), and greenhouse gas emissions (GHG) while preserving the power,
torque, and fuel efficiency of diesel engines. The Company focuses on
three distinct categories or target markets - light-, medium-, and
heavy-duty - through Westport business units or joint ventures. Juniper
Engines is focused on 2.0L and 2.4L engines for industrial applications
such as forklifts, oilfield service engines and light-duty automotive.
Cummins Westport (CWI), a joint venture with Cummins, sells the world's
broadest range of low-emissions alternative fuel engines for commercial
urban fleets such as buses, refuse trucks and vocational vehicles
ranging from 5.9L to 8.9L. Westport Heavy Duty (Westport HD), our
proprietary development platform, is engaged in the engineering, design
and marketing of natural gas-enabling technology for the heavy-duty
diesel engine and truck market.
To learn more about our business, visit our website or subscribe to our
RSS feed at www.westport.com, or follow us on Twitter @WestportWPRT.
Note: This document contains forward-looking statements, including
statements regarding the demand for our products, the future success of
our business and technology strategies, investment, cash and capital
requirements, intentions of partners and potential customers, the
performance of our products and expansion of product coverage, future
market opportunities, speed of adoption of natural gas for
transportation, our estimates and assumptions used in our accounting
policies, accruals, and financial condition. These statements are
neither promises nor guarantees, but involve known and unknown risks
and uncertainties that may cause our actual results, levels of
activity, performance or achievements to be materially different from
any future results, levels of activities, performance or achievements
expressed in or implied by these forward looking statements. These
risks include risks related to our revenue growth, operating results,
industry and products, the general economy, conditions of and access to
the capital and debt markets, governmental policies and regulation,
technology innovations, fluctuations in foreign exchange rates, the
progress of clean air plans at the Port of Los Angeles and Long Beach
and other global government stimulus packages, the acceptance of
natural gas vehicles in fleet markets, the relaxation or waiver of fuel
emission standards, the inability of fleets to access capital or
government funding to purchase natural gas vehicles, the sufficiency of
bio methane for use in our vehicles, the development of competing
technologies as well as other risk factors that may affect our actual
results, performance or achievements or financial position discussed in
our most recent Annual Information Form and other filings with
securities regulators. Readers should not place undue reliance on any
such forward-looking statements, which speak only as of the date they
were made. We disclaim any obligation to publicly update or revise such
statements to reflect any change in our expectations or in events,
conditions or circumstances on which any such statements may be based,
or that may affect the likelihood that actual results will differ from
those set forth in the forward looking statements except as required by
National Instrument 51-102.
SOURCE Westport Innovations Inc.
For further information:
Vice President, Investor Relations & Communications
Westport Innovations Inc.
Vedder Transportation Group
Visit us at: www.vtlg.com
Corporate Communications Manager
Follow us at: www.twitter.com/terasengas