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.
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.
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, 2014Westport, 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, 2014Westport 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, 2013Exel 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, 2013Westport to End 15-Liter LNG Engine, Citing High Cost of Building Power Plant
Westport Innovations announced it is discontinuing its 15-liter liquefied natural gas engine, a move that will leave the North American trucking market without a natural-gas option for applications requiring high horsepower.
November 11, 2013Westport to End Orders for 15L Nat-Gas Engine in November
Westport Innovations Inc. will stop taking customer orders for its 15-liter liquefied natural gas engines in November, the company said in its Oct. 30 earnings report.
October 31, 2013Westport Narrows 3Q Loss; Cummins JV Profit Grows
Natural-gas equipment company Westport Innovations Inc. said it narrowed its fiscal loss in the third quarter of 2013, which it called a “transition year,” while its joint venture with Cummins Inc. saw its profit increase.
October 30, 2013