Coates International (COTE) 0.0011 $COTE
Coates International, Ltd. Received an Agreement From China-Based, Fujian Mingyan Cummins Engine and Generator Manufacturer Agreeing to Manufacture Engines and Generator Sets, Not to Include the CSRV Heads, Poppet Valves, Push Rods, Rockers, Etc. -- Coates Will Be Responsible for Integrating the Coates CSRV Patented Green Engine Heads and Spherical Valve Assembly to Complete the Manufacturing Process
Marketwire Canada - Wed Aug 17, 6:00AM CDT
WALL TOWNSHIP, NJ--(Marketwired - Aug 17, 2016) - Coates International, Ltd. (OTC PINK: COTE) (the "Company"

business plan calls for manufacturing operations in both the Eastern and Western Hemispheres. Some of the larger CSRV industrial natural gas generator units to be produced will be rated for 1,000 KW = 1 M.W. and 2,000 KW = 2 M.W. and are expected to weigh 16 to 20 tons each. Long distance shipping of such large units would add substantial cost to these units. As the Company has received orders in both the Eastern and Western Hemisphere, manufacturing in China will enable fulfillment of orders in the Eastern Hemisphere without unduly driving up the distribution costs.