| CAMBRIDGE,
Mass.--Nuvera Fuel Cells, Inc. announced today that it will move its
world headquarters, currently located in Cambridge, MA, to Billerica, MA
on Friday, June 8, 2007. Nuvera, who broke ground on the new location last
July, has undergone an extensive renovation of the facility, located at
129 Concord Road, Building 1, Billerica, MA, 01821. The renovation included
creation of over 50,000 square feet of manufacturing space, 25 state-of-the
art research and development labs and expanded office space to house a
projected increase in staff. Total square footage in Billerica will be
over 110,000.
The move comes in support of Nuvera's
increase in production, training and customer service in anticipation of
its commercial release of three products in 2008. The new facility will
allow for large scale manufacturing of PowerTap(TM) and PowerFlow(TM) for
the material handling market and Forza(TM) for the chemical process industry.
"Nuvera is proud to be an alternative
energy company based in Massachusetts. This move shows both the investment
we have made in ensuring our progress towards commercialization, along
with the support the Commonwealth has provided us, allowing us to expand
here in the state. Our new facility makes it possible for us to substantially
increase the focus on downstream activities to assure a quality introduction
of our products in 2008" said Roberto Cordaro, President and CEO of Nuvera
Fuel Cells, Inc.
Nuvera Fuel Cells is a global leader
in the development and advancement of multi-fuel processing and fuel cell
technology committed to providing clean, safe and efficient power solutions.
With offices located in the U.S. and Italy, Nuvera is committed to advancing
the commercialization of: hydrogen fuel cell power modules for industrial
vehicles, equipment and stationary applications; on-site hydrogen generation
and on-board gasoline fuel processors; and fuel cell stacks and power systems
for automotive and transportation applications.
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