Thursday, April 17, 2014

Speedemissions, Inc. (SPMI) Keeps Auto Emissions in Check

In the 40 years since the Clean Air Act of 1970 was set into motion, the measure has significantly reduced air pollution despite a growing U.S. population and subsequent hike in vehicle miles traveled.

In 1970, Americans were driving approximately 1.0 trillion miles on U.S. roads and highways. In 2010 the number of miles traveled jumped to more than 8 trillion miles; and by the year 2030, the Environmental Protection Agency (EPA) expects that as a nation we’ll travel more than 12 million miles. Thanks to EPA standards, the growing number of miles traveled hasn’t resulted in more emissions, as you might think. In fact, despite the 53 percent growth in U.S. population and 165 percent increase in miles driven, emissions of six common pollutions have dropped 72 percent since 1970.

Ensuring this continued downtick is the EPA’s National Vehicle and Fuel Emissions Laboratory (NVFEL) located in Ann Arbor, Mich. The lab is strategically located in a state long considered to be the heart of the U.S. automotive industry and home to GM, Ford and Chrysler. NVFEL provides emission testing services and activities to certify that vehicles and engines meet federal emissions and fuel economy standards, ensure engines meet in-use compliance, and to analyze fuels, fuel additives and exhaust compounds.

Once the vehicles are on the road, it’s up to individual Americans to make sure their vehicles remain in compliance with emissions standards. Just south of Atlanta in Tyrone, Ga., Speedemissions also focuses on vehicle emissions, helping automobile owners meet their responsibility. The company aims to become the leading vehicle emissions testing company in states where emission testing is mandated by the Clean Air Act.

Speedemissions was founded in 2001 for the sole purpose of developing its own vehicle emission testing stations and to make strategic acquisitions of selected competitors in markets identified for future growth. In addition to opening new stores and acquiring other retail operations, the company is accelerating its business and margin growth by adding automotive repair and maintenance services to existing locations.

Today, Speedemissions operates 43 vehicle emissions testing and safety inspection stations under the trade names of Speedemissions and Auto Emissions Express, Mr. Sticker, and Just Emissions. As one of the largest test-only emissions testing and safety inspection companies in the United States, Speedemissions is positioned to capture a significant share of a much-needed, $2.5 billion market where 87 million vehicles tested annually on emissions quality.

For more information visit www.speedemissions.com

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.

Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks Daily Videos http://videocharts.qualitystocks.net

 The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net


Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net

No comments: