2024-03-14 13:59:08 ET
Plug Power Inc. (PLUG)
J.P. Morgan 2024 Industrials Conference
March 14, 2023 09:00 AM ET
Company Participants
Paul Middleton - Chief Financial Officer
Conference Call Participants
Bill Peterson - J.P. Morgan
Presentation
Bill Peterson
Okay. Well, good morning. Welcome to the J.P. Morgan's Industrial Conference. And here on the last day I have a few companies stay [ph]. One is Plug Power, really a pioneer in green hydrogen. And we have Paul Middleton, who's the CFO. He's going to just say a couple of intro comments, and then I'm going to move on to some questions. And if there's any questions, we're happy to take them, please use the microphone. Paul, thanks for supporting the conference and over to you for some intro comments.
Paul Middleton
And thanks, Bill, and thanks, everybody here who's showed up and dialed in as well. I guess just quickly, the elevator speech for anybody who doesn't know Plug is. We are a hydrogen solutions company. Think about us as a end-to-end solutions company. So we started out with a fuel cell technology that we kind of developed that we were able to launch into the market for a very specific application and material handling. And from that back in 2014, we've now grown 10 years forward into a much broader set of technologies. And we're now doing end-to-end from hydrogen generation to distribution to storage, dispensing and a wide range of applications.
I've been with the company 10 years. I joined them right when I like kind of started developing and launched commercial success into the market. We've launched into companies like Walmart, we do about 70% of their distribution centers across the U.S. So if you visit a Walmart store, it's more highly likely products you're buying are coming from a distribution center that is solely powered by fuel cells and their forklift applications by Plug Power....
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Plug Power Inc. (PLUG) Management Presents at J.P. Morgan 2024 Industrials Conference (Transcript)