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NetworkNewsBreaks – Greenkraft, Inc. (GKIT) Forwards Expansion Plans to Accommodate Growing Demand for Fuel-Efficient Commercial Vehicles

Company: Greenkraft, Inc. (GKIT)
Category: Stock Spotlights

California-based Greenkraft, Inc. (OTCQB: GKIT), a company that specializes in producing alternative fuel automotive products, commercial trucks and engines, is continuing its pioneering work of providing cost-effective commercial trucks that operate under the power of alternative fuels. The company’s current expansion plans include constructing a larger manufacturing facility to meet the ever-increasing demand for fuel-efficient trucks that have varying carrying capacities. An article discussing this reads: “Most vehicles, especially commercial trucks, are powered by either gasoline or diesel, but this trend is beginning to change. The U.S. government is funding several efforts to help consumers find the alternative fuel or fuel-efficient solutions that meet their needs. In California, legislators recently reached an agreement to direct up to $1.5 billion of revenue from the state’s greenhouse gas emissions allowance to expand its use of alternative transportation fuels, according to Natural Gas Intelligence, an industry publication (http://nnw.fm/t2DNu). In the legislative deal, nearly $900 million is earmarked for alternative fuel vehicles – including trucks and buses – purchased by the state.”

To view the full article, visit http://nnw.fm/dktJ7

About Greenkraft, Inc.

Greenkraft, Inc. is a manufacturer of alternative fuel automotive products located in Santa Ana, California. Greenkraft Inc., established in 2008, offers alternative commercial forward cab trucks powered by alternative fuel CNG and LPG in classes 3, 4, 5, 6 and 7, along with alternative fuel systems on various vehicles. The company’s mission is to produce environmentally friendly solutions for the automotive industry. For more information, visit the company’s website at www.GreenkraftInc.com.

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