APG Press Releases & Announcements - 2016

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American Power Group Receives Follow-On Orders Valued At $600,000 For APG’s S4000 Stationary Conversions From Its Largest Drilling Rig Customer

Lynnfield, MA – December 12, 2016 - American Power Group Corporation (OTCQB: APGI)announced that its subsidiary, American Power Group, Inc. (“APG”), has received follow-on orders to convert additional stationary generators to APG’s S4000 Turbocharged Natural Gas® Technology for a prominent drill rig customer. The customer whose name is being withheld for competitive reasons has already converted several hundred drilling rig engines to APG’s dual fuel solution and has expressed interest in additional conversions in fiscal 2017. The orders are scheduled to be shipped during the November through January 2017 timeframe. Read more...

 

American Power Group Solidifies Dual Fuel Vehicular Expansion Plans By Signing Rush Truck Centers

Rush Truck Centers Signs Dealer/Installer Agreement for Initial 14 State Coverage

Lynnfield, MA – November 7, 2016 - American Power Group Corporation (OTCQB: APGI)announced today that its subsidiary, American Power Group, Inc. (“APG”), has signed a multi-year Dual Fuel Dealer/Installer Agreement with Rush Truck Centers to initially cover fourteen states (AL,CA, CO, FL, GA, IL, IN, MO, NC, OH, OK, TN, VA, and TX). APG has also added Momentum Fuel Technologies’ CNG fueling tanks and systems to APG’s Qualified CNG Tank Program. Read more...

 

American Power Group Announces Key Management Additions

Will Accelerate Dual Fuel Air Quality Initiatives and California Market Penetration

Lynnfield, MA – November 2, 2016 - American Power Group Corporation (OTCQB: APGI)announced today that its subsidiary, American Power Group, Inc. (“APG”), has received additional State of California Air Resources Board (“CARB”) Executive Order (“EO”) Certifications for its Turbocharged Natural Gas® Dual Fuel System. Read more...

 

American Power Group Announces Additional California Air Resources Board Executive Order Certifications for Their Turbocharged Natural Gas® Dual Fuel System

Certifications for Cummins ISX and Detroit Diesel DD15 Engines Will Expand Markets in California

Lynnfield, MA – October 20, 2016 - American Power Group Corporation (OTCQB: APGI)announced today that its subsidiary, American Power Group, Inc. (“APG”), has received additional State of California Air Resources Board (“CARB”) Executive Order (“EO”) Certifications for its Turbocharged Natural Gas® Dual Fuel System. Read more...

 

American Power Group Launches Pacific Northwest Dual Fuel Initiative

Two New Regional Authorized Dealers/Certified Installers Signed

Lynnfield, MA – October 4, 2016 - American Power Group Corporation (OTCQB: APGI)announced today that its subsidiary, American Power Group, Inc. (“APG”), has signed two new Class 8 Authorized Dealers and Certified Installers to help launch APG’s dual fuel technology in the Pacific Northwest. Read more...

 

American Power Group Launches British Columbia Dual Fuel Initiative

Signs Cullen Diesel Power LTD as Dealer/Installer with Initial 10 Unit Order for Clark Freightways Funded Through Natural Gas Incentive Program

Lynnfield, MA – September 20, 2016 - American Power Group Corporation (OTCQB: APGI) announced today that its subsidiary, American Power Group, Inc. (“APG”) has entered an Authorized Dealer Agreement and a Certified Installer Agreement with Cullen Diesel Power Ltd. to introduce APG’s Turbocharged Natural Gas® V5000 Dual Fuel Systems to British Columbia. The first APG dual fuel order for ten systems will be installed on conversions for Clark Freightways from Coquitlam, British Columbia and funded through a local natural gas conversion incentive program. Shipment of the initial ten APG systems is scheduled for September 2016. Read more...

 

American Power Group Corporation Announces Expansion and Extension of its Primary Credit Facility with Iowa State Bank to 2026

$3.0 Million to be Amortized Over Ten Years; New $500,000 Working Capital Line Added

Lynnfield, MA – September 19, 2016 - American Power Group Corporation (OTCQB: APGI) today announced that its subsidiary, American Power Group, Inc.’s primary lender, Iowa State Bank, an Algona, Iowa institution, has agreed to convert the Company’s outstanding loan balance of $3 million into a ten-year term loan with monthly payments starting in December 2016 and provide a new $500,000 secured working capital line with an initial maturity of September 2017. In addition, Matt Van Steenwyk and Neil Braverman, two members of the Company’s Board of Directors, have each agreed, severally and not jointly, to guaranty the payment of up to $1,750,000 of the obligations due under the credit facility. Specific details of this transaction can be found in the Company’s Form 8-K, which will be filed with the Securities and Exchange Commission later today. Read more...

 

American Power Group Enters Major Remote Flare Capture Agreement in the Bakken

Multiple Systems to be Deployed During the Next 90 Days

Lynnfield, MA – September 7, 2016 - American Power Group Corporation (OTCQB: APGI) announced today that its subsidiary, American Power Group, Inc. (“APG”) has entered into remote flare capture and recovery as well as natural gas liquid (“NGLs”) off-take agreements to support their Trident NGL Flare To Fuel™ Capture and Recovery Services in the Bakken shale region of North Dakota. Read more...

 

American Power Group Corporation Reports Third Quarter Fiscal 2016 Results

Dual Fuel Conversion Revenue For North American HD Trucks Increased 383 Percent Over Prior Year

Lynnfield, MA – August 22, 2016 - American Power Group Corporation (OTCQB: APGI) today announced results for the three and nine months ending June 30, 2016.  Read more...

 

MHA Nation TERO Business License Allows American Power Group Subsidiary to Offer Flare Capture and Recovery Services on Fort Berthold Indian Reservation in the Bakken

Lynnfield, MA – August 22, 2016 - American Power Group Corporation (OTCQB: APGI) announced that its subsidiary, American Power Group, Inc. (“APG”) received its MHA Nation Tribal Employment Right Office (TERO) business license, which will allow APG to perform flare capture and recovery services, as well as sales and service of dual fuel systems on the Fort Berthold Indian Reservation (“FBIR”). Fort Berthold is located in the heart of the Bakken shale region in North Dakota. The MHA (Mandan, Hidatsa, and Arikara) Nation is also known as the Three Affiliated Tribes. APG flare capture work on the FBIR will be contracted through Sakakawea Energy, a 100% MHA Nation Member owned entity, who is the Tribal Tier I Contractor for flare capture services (http://www.sakakaweaenergy.com).  Read more...

 

American Power Group Third Quarter Fiscal 2016 Results Conference Call Alert

Lynnfield, MA – August 15, 2016 - American Power Group Corporation (OTCQB: APGI) today announced it will host a conference call on Monday, August 22, 2016 at 10:00 AM Eastern to discuss the results for the three months ended June 30, 2016. To participate, please call 1-888-256-9022 and ask for the American Power Group call using pass code 9731263. A replay of the conference call can be accessed until 11:50 PM on August 31, 2016 by calling 1-888-203-1112 and entering pass code 9731263.  Read more...

 

American Power Group Customer Surpasses 100 Dual Fuel Truck Conversion Milestone

WW Transport, Inc.’s Three Year Conversion Rollout Validates the Reliability,

Durability and Value of APG’s Turbocharged Natural Gas® Dual Fuel Conversion Technology

Lynnfield, MA – August 10, 2016 - American Power Group Corporation (OTCQB: APGI) announced today that its largest customer, WW Transport, Inc., (“WW Transport”) is now operating over one hundred APG Turbocharged Natural Gas® Dual Fuel outfitted heavy-haul Class 8 trucks within their fleet.  Read more...

 

American Power Group Appoints Jim Harger as a New Board Member

Lynnfield, MA – July 12 2016 - American Power Group Corporation (OTCQB: APGI) announced that James Harger, Senior Advisor to the CEO of Clean Energy Fuels Corp, (NASDAQ: CLNE) has joined the Company’s Board of Directors effective July 11, 2016.  Mr. Harger replaces Jamie Weston as one of Arrow, LLC’s, two Board designees.  Read more...

 

American Power Group Corporation Reports Second Quarter Fiscal 2016 Results

Lynnfield, MA – May 16, 2016 - American Power Group Corporation (OTCQB: APGI) today announced results for the three and six months ending March 31, 2016.  Read more...

 

American Power Group Corporation’s Letter to Shareholders

Annual Shareholders’ Meeting Date Set For May 13, 2016

Lynnfield, MA – May 12, 2016 - American Power Group Corporation (OTCQB: APGI) today announced it will host a conference call on Monday, May 16, 2016 at 10:00 AM Eastern to discuss the results for the three months ended March 31,2016. To participate, please call 1-888-427-9376 and ask for the American Power Group call using pass code 9451133. A replay of the conference call can be accessed until 11:50 PM on May 31,2016 by calling 1-888-203-1112 and entering pass code 9451133.  Read more...

 

American Power Group Corporation’s Letter to Shareholders

Annual Shareholders’ Meeting Date Set For May 13, 2016

Lynnfield, MA – April 26, 2016 - American Power Group Corporation (OTCQB: APGI) today announced that its Annual Shareholder’s meeting will be held on Friday, May 13, 2016 at 9:00 A.M. at the offices of Morse, Barnes-Brown & Pendleton, P.C. City Point, 230 Third Avenue, 4th Floor, Waltham, MA 02451 for the following purposes: (1) to consider and act upon a proposal to elect four directors for the ensuing year; (2) to approve an amendment to the Restated Certificate of Incorporation to increase the number of authorized shares of Common Stock from 200,000,000 to 350,000,000; (3) to approve, consider and act upon a proposal to approve the adoption of the 2016 Stock Option Plan; (4) to hold an advisory vote on the compensation of the Company’s named executive officers (the “say-on-pay”) and (5) to consider and act upon a proposal to ratify the selection of the firm of Schechter, Dokken, Kanter, Andrews & Selcer, Ltd. as our independent auditors for the fiscal year ending September 30, 2016. In conjunction with the mailing of the proxy statement for the Annual Meeting and the Annual Report for the fiscal year ended September 30, 2016, the following letter to the shareholders of American Power Group Corporation was included.  Read more...

 

American Power Group Corporation Reports First Quarter Fiscal 2016 Results

Lynnfield, MA – February 11, 2016 - American Power Group Corporation (OTCQB: APGI) today announced results for the three months ending December 31, 2015. Read more...

 

American Power Group Receives Over $600,000 In Follow On Vehicular Dual Fuel Orders

Top Customers Continue To Expand Their APG V5000 Fleet

Lynnfield, MA – February 10, 2016 - American Power Group Corporation (OTCQB: APGI) announced today that its subsidiary, American Power Group Inc. (“APG”) has received follow on purchase orders from two of its top U.S. customers for APG V5000 Turbocharged Natural Gas® Systems and supporting CNG fueling systems. These new orders, which total over $600,000, are expected to ship during the current quarter and into the Company’s third fiscal quarter and will bring the two customer’s collective APG dual fuel truck fleet to over one hundred units. Read more...

 

American Power Group First Quarter Fiscal 2016 Results Conference Call Alert

Lynnfield, MA – February 9, 2016 - American Power Group Corporation (OTCQB: APGI) today announced it will host a conference call on Thursday, February 11, 2016 at 10:00 AM Eastern to discuss the results for the three months ended December 31, 2015. Read more...

 

American Power Group Corporation Reports Fourth Quarter And Fiscal 2015 Results

Lynnfield, MA – January 13, 2016 - American Power Group Corporation (OTCQB: APGI) today announced results for the three and twelve months ending September 30, 2015.  Read more...

 

American Power Group Announces Completion of a $2.2 Million Private Placement With Several Existing Shareholders and Investors Affiliated With Members of its Board of Directors

Lynnfield, MA – January 12, 2016 - American Power Group Corporation (OTCQB: APGI) today announced the completion of a private placement of $2.2 million of Series D Convertible Preferred Stock with several existing shareholders and investors affiliated with members of its Board of Directors.  Read more...

 

American Power Group Fourth Quarter and Fiscal 2015 Results Conference Call Alert

Lynnfield, MA – January 12, 2016 - American Power Group Corporation (OTCQB: APGI) today announced it will host a conference call on Thursday, January 14, 2016 at 10:00 AM Eastern to discuss the results for the three and twelve months ended September 30, 2015. To participate, please call 1-888-539-3696 and ask for the American Power Group call using pass code 539430. A replay of the conference call can be accessed until 11:50 PM on January 31, 2016 by calling 1-888-203-1112 and entering pass code 539430.  Read more...

Investor Relations inquiries should be directed to Chuck Coppa at 781.224.2411 or Mike Porter of Porter, LeVay & Rose at 212.564.4700.

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