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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