Oakridge Global Energy Solutions, Inc. (OTCQB: OGES) is on a
mission to bring jobs back to the United States while commercializing stored
energy solutions that meet the stringent quality standards necessary to power
state-of-the-art technologies in a variety of expansive and growing industries.
The company’s innovative ‘Made in the USA’ product line already includes
multiple lithium-ion chemistries, technologies and form factors that are
optimized to address four high-demand target markets – including motive
applications, such as electric and hybrid electric fleet vehicles; stationary
living space power for domestic, commercial and grid applications; remote
control and portable devices; and starter motor batteries for motorcycles, jet
skis, snowmobiles, boats, cars and trucks. Through these offerings, Oakridge
targets major applications in the military, aerospace, marine, medical and
telecom sectors, among others.
Under the guidance of an experienced management team,
Oakridge is strategically positioned to achieve tremendous growth in the months
to come. In January, the company announced the sale of its interest in
Leclanché S.A., attaining the funds needed to satisfy a long-standing loan from
Expedia Holdings Limited and entering 2016 completely debt-free and funded for
growth. Shortly after this transaction, Oakridge entered into the full scale
production phase of its corporate restructuring efforts, kick starting solid
revenues that are expected to grow rapidly throughout the first quarter of 2016
and beyond.
“We are now well on our way to becoming a major player in
the world lithium-ion battery manufacturing space,” Steve Barber, executive
chairman and chief executive officer of Oakridge, stated in a January news
release. “The addition of this significant capital into Oakridge provides the
liquidity that we needed to launch this company from small scale production to
one of the largest lithium battery manufacturing facilities in the world.”
As the company continues to exceed target goals for hiring
of employees, acquisition of capital equipment for factory automation and
introduction of informative tools designed to increase shareholder engagement
and overall brand awareness, Oakridge is aggressively serving its target
markets and engaging with the global lithium battery market. Look for Oakridge
to continue benefitting from the expanded capacity offered by its new
69,000-square-foot facility in Melbourne, Florida, as it intensifies efforts to
increase market share and roll out exciting new product lines moving forward.
For more information, visit www.oakridgeglobalenergy.com
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