Plug Power Due Diligence Report - BrokerBank Securities
NEW YORK, Sept. 21, 2015 /PRNewswire/ -- Plug Power Incorporation (NASDAQ: PLUG), is a leading provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used primarily for the material handling and stationary power market. Plug Powers sells and develops fuel cell product solutions to replace lead-acid batteries in material handling vehicles and industrial trucks for some of North America's largest distribution and manufacturing businesses.
On September 18, Plug Powers congratulated The Home Depot on its new distribution warehouse in Troy Township near Toledo, Ohio. Today, CEO Andy Marsh will attend the grand opening ceremony to offer his support to the sustainability-focused home repair giant, and commend the organization for its adoption of hydrogen fuel cells to power the center's material handling vehicles.
Home Depot has over 100 Distribution Centers in North America and over 2,200 stores in the US. It has also 19 Rapid Deployment Centers (RDCs) that help move products quickly within 72 hours to regional stores with each RDC serving just over 100 stores. The announcement by Plug is the first step towards converting 100 plus distribution centers in North America to fuel cell powered forklifts. In case, the company's revenue opportunity would exceed $1B over a 10-year period.
An analyst brief and recommendation can be viewed in its entirety by using the link below. There is no cost obligation required to view this report.
http://bit.ly/PLUG_Due_Diligence
Copy and paste to browser may be required.
FORWARD-LOOKING DISCLAIMER
This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This release and report was prepared for informational purposes only. Affiliated parties involved with producing and issuing this release have not been compensated in any form by any source. A full disclaimer can be found by viewing due diligence. We are only human and may make mistakes. If you notice any errors or omissions, please notify us below.
A full disclaimer can be found by viewing the full analyst report.
If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected]. For any urgent concerns or inquiries please contact us at [email protected].
BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.
SOURCE BrokerBank Securities, Inc.
Share this article