GTEC - Port Authority of New York and New Jersey to Purchase HEVI's GEL-5000 Electric Front Loader | Benzinga
EAST WINDSOR, N.J., April 23, 2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a manufacturer of all-electric heavy construction and farming machinery, today announced the Port Authority of New York and New Jersey has agreed to purchase the Company's HEVI GEL-5000 all-electric front loader. This is another important purchase order and reflects the ongoing electrification of key industrial and commerce centers as they target reduced costs and increased operating efficiencies.
Raymond Wang, CEO of HEVI, commented, "Our team is thrilled about the recent sale to the Port Authority of New York and New Jersey. This milestone isn't just strategically significant; it's also a testament to our capabilities and a major victory. It highlights the growing momentum behind our electric industrial vehicles. This year marks a crucial phase where we're focused on capitalizing on our vehicle assets and significantly expanding our sales now that our manufacturing, assembly, and sales infrastructure are fully operational. Our confidence in our future prospects is stronger than ever. We believe we're on the cusp of a significant shift, where large organizations like the Port Authority recognize the undeniable value we offer in helping them achieve their sustainability objectives, while simultaneously cutting down on total ...