Westport Innovations Inc. (TSX: WPT)

Technologies from Westport Innovations Inc. allow engines to operate on clean-burning fuels such as compressed natural gas (CNG), liquefied natural gas (LNG), hydrogen and biofuels such as landfill gas.

CB Staff 0
Exchange Insights

Technologies from Westport Innovations Inc. allow engines to operate on clean-burning fuels such as compressed natural gas (CNG), liquefied natural gas (LNG), hydrogen and biofuels such as landfill gas. Founded in 1995, Westport employs more than 300 people and participates in joint ventures with larger companies such as Cummins Inc. to design and manufacture natural-gas-burning engines, and Beijing Tianhai Industry Co., Ltd. to manufacture and sell LNG fuel tanks. Westport’s revenues in 2011 increased by 84% over the previous year, and the company expects revenues to rise again this year at a similar rate, to more than $400 million.

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