IMPCO Technologies, Inc. Opens Latin American Headquarters in Mexico City
7 October 1999
IMPCO Technologies, Inc. Opens Latin American Headquarters in Mexico CityCERRITOS, Calif., Oct. 7 -- IMPCO Technologies, Inc. announced today the opening of its new Latin American headquarters located in Mexico City. The new facility will handle technical development, distribution, sales and marketing, training and administration for distributors throughout Mexico and Latin America. (Photo: http://www.newscom.com/cgi-bin/prnh/19990921/IMPCOLOGO ) Within Mexico, the new headquarters will be responsible for providing high quality equipment, training and services to support the needs of the rapidly expanding market. Through an agreement with the Mexican government signed in May of this year, noted Mr. Vidal, General Manager of Grupo IMPCO Mexicano. IMPCO will assist the government, and the business community in the conversion of several thousand public transportation vehicles to clean burning propane. "This new facility and headquarters signifies our continued commitment to the environment and to the State of Mexico," said Robert M. Stemmler, Chairman and Chief Executive Officer of IMPCO. "The mutual commitment between IMPCO, the State of Mexico and the business community will significantly accelerate the use of clean burning fuels and begin to improve the air quality within Mexico City," Mr. Stemmler added. IMPCO is the global leader to the Original Equipment Manufacturer (OEM) market and aftermarket in supplying fuel management and storage systems and components that allow internal combustion engines and other propulsion systems to operate on alternative fuels such as natural gas, propane, ethanol, methanol and hydrogen used in fuel cells. IMPCO produces systems for motor vehicles, forklifts, and other material handling equipment and small portable to large stationary engines. Certain matters discussed in this press release contain forward-looking information that involves risks and uncertainties that could cause actual results to differ materially from current trends. These include growth of the alternative fuels market, competition, the company's ability to design and market new fuel management products, the company's ability to meet Original Equipment Manufacturer (OEM) specifications, and other such risks as cited in the company's 1998 annual report on Form 10-K and other documents filed with the Securities and Exchange Commission.