Archive for September 15th, 2005

Purolator drives forward with Azure deal

Thursday, September 15th, 2005

Making good so far on its earlier intentions, Purolator Courier, Canada’s largest next-day delivery company, has placed an order for 115 new hybrid-electric delivery vehicles from Toronto-based Azure Dynamics. It’s part of a five-year plan to replace up to half its fleet of 4,000 vehicles with Azure’s hybrid versions. “The 115 hybrid electric vehicle order is the largest of its kind in the delivery industry,” said Azure CEO Campbell Deacon. For a detailed look at the history of the deal, check out this June article in the Toronto Star. Purolator is expecting delivery of the vehicles in 2006.

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Xantrex snags $10 million wind deal

Thursday, September 15th, 2005

Hmmm… some good news out of Xantrex for a change, even more interesting considering it’s related to wind, a market that has been somewhat flat for Xantrex over the past year. The company has a 2-year deal with Clipper Windpower in California to provide converters for its 2.5 megawatt wind turbines. The deal amounts to about $10 million (U.S.) in new revenues for Xantrex. “As our business continues to grow in North America and around the world, we expected Xantrex to be a significant long-term supplier,” said Clipper CEO James Dehlsen.

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