westport News Updates

Business

Westport Aligns Board for Merger with Fuel Systems

Vancouver-based Westport Innovations Inc., which engineers natural-gas engines and vehicles, announced a restructuring of its board in preparation for the previously announced merger with Fuel Systems Solutions Inc., which provides natural-gas transportation, infrastructure and industrial products.

November 17, 2015
Business

Westport, Fuel Systems Announce Merger

Westport Innovations Inc. and Fuel Systems Solutions Inc., suppliers of technology for natural gas-powered trucks, agreed on a merger valued at $351 million to capitalize on opportunities when alternative fuel markets improve.

September 1, 2015
Business

Westport’s Loss Narrows for 4Q, Year

Natural gas-technology provider Westport Innovations Inc.’s fourth-quarter and full-year losses narrowed as results from its joint venture with engine maker Cummins Inc. improved.

March 10, 2015
Business

Westport Acquires Dutch Supplier of Propane, Nat-Gas Systems

Westport Innovations Inc. said it has acquired Prins Autogassystemen Holding B.V., a Dutch supplier of propane and natural-gas vehicle technologies, in a deal valued at 12.2 million euros, or about $15 million.

December 5, 2014
Business

Westport Cuts Staff After Sales Decline

Westport Innovations Inc. is cutting its global staff by 9% and implementing executive pay cuts in an effort to reduce expenses after third-quarter sales dropped from a year ago.

November 10, 2014
Business

Westport Posts 2Q Loss, But Ships More Nat-Gas Truck Engines in North America

Westport Innovations reported a second-quarter loss but said it shipped more natural-gas engines for the North American trucking market through its joint venture with Cummins Inc.

August 5, 2014
Business

Westport Reports First-Quarter Loss

Westport Innovations, which makes natural-gas engines for trucking in a venture with Cummins Inc., reported a first-quarter loss. Revenue, however, rose 39%.

May 2, 2014
Business

Westport, Delphi Agree to Develop Nat-Gas Injectors

Westport Innovations Inc. and Delphi Automotive have signed an agreement to develop high-pressure fuel injectors for heavy-duty truck engines that use natural gas.

March 4, 2014
Business

Westport Plans Update to Nat-Gas Technology

Westport Innovations said it will partner with truck and engine manufacturers to deliver the next generation of its natural-gas engine technology.

December 23, 2013
Business

Exel Named Cummins Westport President

Gordon Exel, vice president of sales and marketing at Westport Innovations Inc., will become president of Cummins Westport Inc. in January, the company announced.

December 18, 2013