Here is the post on conference by invite
To discuss long term future strategy
At a fuel cells at a inflection point referencing Toyota / Autos.
Business Review
Nov 29, 2017, 10:27am EST Updated Nov 29, 2017, 9:30am
Plug Power, the Latham, New York, fuel cell manufacturer, is hosting a conference for institutional investors and analysts at its headquarters next week.
The event, on Wednesday, Dec. 6, will bring together institutional investors and analysts to meet with Plug Power’s CEO Andy Marsh, and other senior management members. The discussion will cover the company’s long term growth strategy.
It is invitation only, and will be broadcast online.
Plug Power (Nasdaq: PLUG) makes fuel cells, called GenDrive, used to power forklifts in warehouses and distribution centers. Fuel cells are seen as an alternative to lead-acid batteries. As part of the package, Plug offers hydrogen fueling stations called GenFuel to attract more recurring revenue. The full system is called GenKey.
Today, Plug has shipped almost 19,000 GenDrive fuel cell units powering industrial electric vehicles for some of the largest companies in the world, including Home Depot (NYSE: HD), Nike (NYSE: NK) and Carrefour, Europe's largest big-box store.
The company has around 400 engineers, researchers and technologists in Albany.
Marsh has said the fuel cell economy is at an inflection point. He expects the industry to become more in-demand as companies like Toyota put fuel cell cars on the road in California, and countries in Europe and Asia make it a priority.
In the last year, Plug Power has signed major contracts with Amazon.com Inc. (Nasdaq: AMZN) and Wal-Mart (NYSE: WMT), and recently completed its first shipment of ProGen engines for FedEx’s (NYSE: FDX) electric delivery van fleet.
The uncertainty around Plug's future prospects, and the fact that the company has yet to turn a profit, have brought the stock up and down this year, selling for a low of 85 cents in February to a high of $3.15 in early November.
