Whole Foods (WFMI) To Use Plug Power (PLUG) Fuel Cells In Fork Lifts

Posted by Tate Dwinnell | # |
02:31:32 pm on October 20, 2009

Plug Power (PLUG) got another pop in its stock over an hour ago after it was announced that Whole Foods Market (WFMI) will use 61 GenDrive fuel cell powered forklifts at a distribution plan in Landover, Maryland.  The company expects that converting to GenDrive fuel cells will increase production efficiency while reducing emissions up to 80%.

Shares have been pulling back after the initial spike and remain down about 4% today. 

Tags: Fuel Cells, gendrive fuel cell, plug, plug power, wfmi, whole foods market If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.

Comments