PLUG Power reports it closed over 400 unit sales during Q4 (PLUG) 0.39 +0.02 : During 2010, the co sold over 500 of its GenDrive fuel cell units and manufactured and shipped over 650 units. In Q4, the co closed deals equating to over 400 GenDrive units. Some first-time customers include CVS, Coca-Cola and Winco Foods. At the same time, Plug Power received follow-on orders from repeat customers like BMW, Central Grocers and Walmart Canada. Concluding the successful quarter, Plug Power received letters of commitment from customers for another 250-plus GenDrive power units. Plug Power manufactured and shipped a record number of units for the full year ending December 31, 2010, meeting its milestone of at least 650 unit shipments for the year. During the fourth quarter alone, over 280 units were distributed to customers across North America. These GenDrive customers include Central Grocers, Walmart Canada, Kimberly Clark and Coca-Cola. The Company's Latham, NY manufacturing facility is capable of producing over 10,000 units each year.
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