Capacity of Texas, Inc. Continues Sustainability Program With the Introduction of a Hydrogen Fuel Cell Terminal Truck
LONGVIEW, Texas, Nov. 4, 2010 /PRNewswire/ -- Capacity of Texas announces the award of an $872,000 Grant to develop a Hydrogen Fuel Cell Terminal Truck. The project is supported by the State of Texas through a Grant from the Texas Commission on Environmental Quality. The project involves developing Hydrogen Fuel Cell Terminal truck which will have "Zero" emissions. The Zero Emission Terminal Truck (ZETT™) will be based on the world's only Pluggable Hybrid Terminal Truck (PHETT®) platform.
"As the leader in the terminal tractor industry with environmental friendly products, we are pleased to announce the addition of a "Zero Emission" terminal truck to our fleet. In 2007 we launched the first CNG/LNG terminal truck with the Cummins West Port ISL-G engine. These trucks met the EPA/CARB 2010 emission standards a full 3 years ahead of the required emission change. In 2007 our goal was to be the leader in environmentally friendly products. Since the introduction of the ISL-G terminal tractor, numerous customers recognized and took advantage of our commitment to our sustainability program. The PHETT® has been recognized as the most innovative new product in the terminal truck industry in the last 20 years. The ZETT™ will be the only zero emission terminal truck that will meet the demanding environment and duty cycle of a terminal truck and have zero emissions. Depending on the requirements, the ZETT™ can operate up to two (2) shifts before refueling. We are the only manufacturer to have a full line of environmentally friendly products and diesel power solutions that enhance our strategy of continuous improvement and environmental stewardship. Capacity of Texas is dedicated to the strategic partnerships with our customers with an range of power options to meet their requirements in any application," stated Phillip Ford, President of Capacity of Texas.
Capacity of Texas, Inc., has been serving the terminal tractor industry for over 39 years under the Trailer Jockey® brand. Capacity manufactures the Trailer Jockey® completely in-house and is solely focused on the manufacture and support of this product. Located in Longview, Texas, Capacity is a wholly owned subsidiary of Allied Specialty Vehicles, Inc, ("ASV") and is the largest American owned manufacturer of terminal tractors in North America, offering a full product line of terminal trucks used throughout the world. Capacity distributes products through a national and international authorized representative network. For a current listing of Capacity products and authorized representatives, visit www.capacitytexas.com.
About Allied Specialty Vehicles, Inc.
ASV, with revenue of approximately $1 billion, is a market leader in three industry segments: Fire & Emergency, Recreational Vehicles, and Bus & Industrial. The Company was formed on August 25, 2010 through the combination of four existing portfolio companies of AIP: E-ONE, Inc., Collins Industries, Inc., and Halcore Group, Inc.; with Fleetwood RV, Inc. to be combined in the fourth quarter of this year. Within the Fire & Emergency segment, ASV offers an extensive line of fire apparatus under the E-ONE brand name including pumpers, aerials, tankers, rescues, and airport firefighting equipment. Additionally, the Company offers a full line of ambulances under the Horton, Wheeled Coach, American Emergency Vehicles, and Leader Emergency Vehicles brand names. Within the Recreational Vehicle segment, the Company produces Class A and Class C Recreational Vehicles under many of the industry's iconic brand names including Discovery, American Coach, Bounder, and Tioga, among others. Within the Bus & Industrial segment, the Company produces Type A bus products for both the school and childcare markets under the Collins, Mid Bus, and Corbeil brand names as well as terminal trucks and street sweeper products under the Capacity and Lay-Mor brand names. For additional information on Allied Specialty Vehicles, Inc. please visit www.alliedsv.com.
About American Industrial Partners
American Industrial Partners is an operationally focused middle market private equity firm comprised primarily of multidiscipline engineers and experienced operators which makes control investments in North-American based industrial businesses and implements strategies to grow the earnings of those businesses. AIP has managed three prior funds which totaled over $1 billion and is currently investing its fourth fund, $405.5 million American Industrial Partners Capital Fund IV, LP. For more information, visit www.aipartners.com.
SOURCE Capacity of Texas, Inc.
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