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FuelMaker bankruptcy

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  • New FuelMaker Owner

    I agree this is great news. Right owner with the right channels and they understand selling equipment. Smart move now would be for one of the CNG fuel co's , like Clean Fuels, to develop a leasing and finance program to sell Phil togerher with fuel and a car. X$ per mile cost or something like that. Interest rates are at all time lows and car co's/govt are in a position to support this in a big way.

    Will be an interesting year.


    • Re: FuelMaker bankruptcy-The latest from NGV Global

      The latest from NGV Global: Rumor has it that there may be an 800# for FM customers arising in the very near future. Possibly Impco trying to reach out to customers. I'll advise if it comes to pass.

      Fuel Systems Solutions Completes Fuelmaker Acquisition Source: NGV Global Thursday, 28 May 2009 00:00 USA, Santa Ana, CA
      Fuel Systems Solutions Completes Acquisition of Certain FuelMaker Assets and Purchase Orders
      Fuel Systems Solutions, Inc. (FSYS) has completed the purchase of selected assets and technology for compressed natural gas (CNG) refueling products manufactured by FuelMaker Corporation, including the home refueling appliance marketed under the Phill(tm) brand, for $7.0 million as announced on May 1st. Manufacturing and service are to be relocated to Italy but the company has stated a committment to "fulfill certain FuelMaker service obligations and has assumed certain outstanding purchase orders".