ELCR (good volume) >>>> Electric Car Company, Inc. Awarded Contract to Build Limobuses for Don Brown Bus Sales
2010-07-06 09:00 ET - News Release
SPRINGFIELD, Mo., July 6, 2010 (GLOBE NEWSWIRE) -- Electric Car Company, Inc. (OTCBB:ELCR), a vehicle conversion Company that specializes in electric conversions and manufacturing for the Livery and Fleet Markets, announced today that it has been awarded a 12 month contract with Don Brown Bus Sales, Inc. The Contract, valued at $750,000.00, calls for Electric Car Company, (ECC), to convert up to twenty-five (25) Federal Coach bus chassis into Imperial Coach limobuses. The Company plans to deliver the first two buses by mid-August of this year.
It was reported in LCT magazine in January of this year that the Federal Coach Bus line manufacturer out of Goshen, Indiana, is no longer producing limousine-style interiors for its buses. Federal is now concentrating solely on shuttles and mass-transit style buses. This has created a vacuum in the limobus sector for the chauffeured transportation industry, one that Electric Car Company has been poised to exploit.
The Company will facilitate the conversions of the buses through its wholly owned subsidiary, Imperial Coach Works, Inc., and its custom manufacturing division, Imperial Coach Builders, Inc. Imperial Coach is well known to be one of the premier designers of limobus interiors in the United States. The company is very excited to be given this vote of confidence by Don Brown Bus Sales, the exclusive dealer of Federal Coach Buses in the Northeastern United States.
AI
