Westport Innovations, Inc.

Sector: Steam Gas And Hydraulic Turbines And Turbine Generator Set Units Region: Canada

Exchange/Ticker: Toronto Stock Exchange: WPT | Nasdaq: WPRT

Company Description

Westport Innovations, Inc. develops natural gas and liquefied petroleum gas fuel systems technology. It supplies proprietary solutions that allow engines to operate on clean-burning fuels and renewable natural gas fuels, such as compressed natural gas, liquefied natural gas, landfill gas and hydrogen. Westport Innovations also offers LNG fueling systems with direct injection natural gas engine technology for heavy-duty vehicles and off-road applications, such as highway trucks, mining and rail. The company operates its business through the following segments: Westport Heavy Duty, Westport Light Duty, Cummins Westport and Weichai Westport. The Westport Heavy Duty segment engages in engineering, design and marketing of natural gas-enabling technology for the heavy-duty diesel engine and truck markets. The Westport Light Duty segment provides natural gas and liquefied petroleum gas engine and fuel system for the original equipment manufacturer and light-duty automotive markets. It also offers kits and components for aftermarket conversion of engines from gasoline to compressed natural gas and LPG. The Cummins Westport segment designs, manufactures and distributes spark-ignited natural gas engine and technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. The Weichai Westport segment develops, manufactures, and sells alternative fuel engines for use in automobiles, buses, heavy-duty trucks, marine applications and power generation. The company was founded by David Robert Demers on March 20, 1995 and is headquartered in Vancouver, Canada.

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