Reliability and Ease of Operation Noted Over the Past 15 Years ALGONA, IA / ACCESS Newswire / June 9, 2025 / American Power Group Corporation ("APG") (Pink:APGI) the leading U.S. based dual fuel diesel engine conversion technology company today provides an update on a multi-unit diesel engine conversion performed in 2010 for Penn South, officially known as Mutual Redevelopment Houses, Inc., an affordable cooperative housing community located in the Chelsea neighborhood of Manhattan. The complex encompasses 2,820 units housing 5,000+ tenants in 15 buildings located in the Chelsea neighborhood of Manhattan in New York City.
Unaudited Fiscal 2024 Revenue Up 286 Percent to $3.4 Million Driven by Strong Oil/Gas Dual Fuel Conversions ALGONA, IA / ACCESSWIRE / January 8, 2025 / American Power Group Corporation ("APG") (Pink:APGI) today announces the unaudited results for the fiscal year ended September 30, 2024 and the filing of our Fiscal 2024 Annual Report with the OTC Markets on December 30, 2024. Chuck Coppa, APG's CEO/CFO stated, "Net sales for the fiscal year ended September 30, 2024, were approximately $3.36 million as compared to approximately $0.87 million of net sales for the fiscal year ended September 30, 2023.
ALGONA, IA / ACCESSWIRE / September 30, 2024 / American Power Group Corporation ("APG") (OTC PINK:APGI) the leading dual fuel diesel engine conversion technology company is pleased to announce the conversion of $1.285 million of advances made over the past 15 months by an existing shareholder associated with its Chairman, Matt Van Steenwyk. The advances were converted into approximately 36 million shares of unregistered shares of common stock at a conversion price which represented a 100% premium over the closing price on the date of closing.
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Industrial - Machinery Industry | Industrials Sector | Mr. Charles E. Coppa CEO | OTC PINK Exchange | 02906V102 Cusip |
US Country | 8 Employees | - Last Dividend | 24 Mar 1998 Last Split | - IPO Date |
American Power Group Corporation, previously known as GreenMan Technologies, Inc., transitioned its name in August 2012 to better reflect its operational focus. Founded in 1992 and operating out of Algona, Iowa, this company has established its presence not only across North America but also on a global scale. It serves as a subsidiary to Arrow, LLC, showcasing a specialized domain in the energy sector through its innovative dual fuel conversion system. American Power Group stands out in the industry by providing a cleaner, more efficient fuel alternative for diesel engines, which plays a crucial role in both vehicular and generator applications. Their extensive expertise is delineated into two primary segments: Dual Fuel Conversion Operations and Natural Gas Liquids Operations, representing a significant stride towards sustainable energy conversion solutions.
This patented technology enables the conversion of existing diesel engines into more versatile units that can operate on a combination of diesel fuel and an alternative gas such as compressed natural gas (CNG) or liquefied natural gas (LNG), including pipeline, well-head gas, or approved bio-methane. The conversion not only extends the operational flexibility of the engine but also significantly reduces emissions, making it an eco-friendlier option.
Aimed at oil and gas production companies, these services are designed to mitigate the environmental impact associated with gas flaring. By capturing and repurposing the gas that would otherwise be burned off and wasted, American Power Group Corporation contributes to energy efficiency and helps clients reduce their carbon footprint in line with environmental regulations and sustainability goals.