Friday, December 1, 2017

Greenkraft, Inc.’s (GKIT) Alternative Fuel Engines Will Complement Growth in the Trucking Industry

  • GKIT says existing line of alternative fuel trucks and engines will result in more than $1 million of new revenues in 2017 as its disrupts the trucking industry
  • Company sees alternative fuel engines for agricultural equipment and stationary machines as growing GKIT’s revenues as well as branding
  • GKIT will become more diverse, expand its product lines and applications to “new exciting markets,” says George Gemayel, CEO
Greenkraft, Inc. (OTCQB: GKIT) has its eyes on becoming the number one source for clean energy alternative fuel trucks in North America by disrupting the trucking industry. That would result in cleaner cities from its product line of Clean Energy Natural Gas (“CNG”) and Liquified Petroleum Gas (“LPG”) alternative fuel products in the commercial trucking industry. Key to its growth is diversification with alternative fuel engines for both agricultural equipment and stationary machines.
GKIT is a Santa Ana, California-based company which is a manufacturer and distributor of three lines:  alternative fuel clean trucks, conversion systems and engines. The company manufactures commercial-forward trucks for vehicle classes 4, 5, 6, and 7. They also make and sell alternative fuel systems that convert petroleum-based fuels to natural gas and propane fuels. Its trucks are globally sourced and the goal is to produce environmentally-responsible, reliable and cost-effective trucks for the plumbing, food services, vending, pest control, construction and landscaping businesses, and more.
The Southern California Clean Cities Coalition’s research details the savings it has achieved in cutting Greenhouse Gas emissions plus petroleum savings it has earned using alternative fuels (http://nnw.fm/8uUKP). Natural gas companies and natural gas associations are also active in promoting alternative fuel use vs. fossil fuels. The American Gas Association is one gas association targeting the use of  clean, smog-free cities and natural gas vehicles rather than fossil fuels (http://nnw.fm/85kiH).
George Gemayel, CEO, said that GKIT would be entering “new exciting markets” in the future that will build GKIT’s revenue and brand recognition. He focused on engines for agricultural equipment and stationary machines used in various industries and different fuel options. He had already projected more than $1 million in new revenues in 2017 from its product lines — including agricultural equipment and stationary engines (http://nnw.fm/1DFcZ).
For more information, visit the company’s website at www.GreenkraftInc.com
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