Due to Increased Demand, Greenkraft, Inc. Plans to Expand to a Bigger Factory in 2017 and Introduce New Larger-Sized Model Trucks
Feb 01, 2017
OTC Disclosure & News Service
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SANTA ANA, Calif., Feb. 01, 2017 (GLOBE NEWSWIRE) -- Greenkraft, Inc. (OTCQB:GKIT), a nationally recognized player in the alternative fuel engine and vehicle market announces today its plans to expand to a bigger factory in 2017 and also introduce an entire new line of trucks called the G3 and G4, which are larger-sized trucks in weights of 26,000 lbs. and 33,000 respectively. The new factory expansion will be located close to the current Greenkraft headquarters to make for a seamless transition and a flawless rollout of the new truck lines. The new facility will include several overhead cranes, assembly lines and an expanded parts division. This new expansion is to fulfill demand on both current models and the new ones which have dramatically increased in the past few months.
George Gemayel, CEO of Greenkraft, Inc. proudly says, “Greenkraft is going to revolutionize the trucking industry with the introduction of these new 26,000 and 33,000 lbs. trucks that run on CNG and PROPANE fuel. The only way we can meet the increased demand for Greenkraft products is to expand our current factory. This expansion is one of many factors that will substantially increase the Company’s revenue in 2017.”
Greenkraft, Inc. continues to work diligently to provide long-term value for the Company and its shareholders alike by increasing revenues and executing their clearly defined expansion plan that will allow GKIT to become the #1 source for alternative fuel trucks in North America. Greenkraft will constantly update the public and its shareholders on all Company progress by way of regular press releases and timely SEC filings.
About Greenkraft, Inc. (OTCQB:GKIT):
Greenkraft, Inc., a profitable, revenue generating publicly traded company, is a major manufacturer of alternative fuel automotive products. Greenkraft, Inc. was created to introduce clean, green, efficient, automotive products that run on alternative fuels. GKIT offers alternative commercial forward cabin trucks and alternative fuel systems for various vehicles. GKIT's commercial trucks are powered by alternative fuels such CNG and LPG in Classes 3,4,5,6, and 7. Greenkraft, Inc. designs, develops, and manufactures compressed American natural gas and propane gas forward cabin trucks, alternative fuel systems and alternative fuel engines. For more information, please visit our website at www.greenkraftinc.com.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.
Contact:
Greenkraft, Inc.
info@greenkraftinc.com
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