Greenkraft, a provider of alternative fuel engines and vehicles, announced its plans to expand to a bigger factory in 2017 and also introduce a new line of trucks called the G3 and G4, which are larger-sized trucks with weights of 26,000 lbs. and 33,000 lbs. respectively.
The new factory expansion will be located close to the current Greenkraft headquarters to make for a seamless transition and an easier rollout of the new truck lines. The new facility will include several overhead cranes, assembly lines, and an expanded parts division. This new expansion is to fulfill demand on both current models and the new ones.
“The only way we can meet the increased demand for Greenkraft products is to expand our current factory,” said George Gemayel, CEO of Greenkraft. “This expansion is one of many factors that will substantially increase the Company’s revenue in 2017.”