NetworkNewsBreaks – Greenkraft, Inc. (GKIT) Forw
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California-based Greenkraft, Inc. (OTCQB: GKIT), a company that specializes in producing alternative fuel automotive products, commercial trucks and engines, is continuing its pioneering work of providing cost-effective commercial trucks that operate under the power of alternative fuels. The company’s current expansion plans include constructing a larger manufacturing facility to meet the ever-increasing demand for fuel-efficient trucks that have varying carrying capacities. An article discussing this reads: “Most vehicles, especially commercial trucks, are powered by either gasoline or diesel, but this trend is beginning to change. The U.S. government is funding several efforts to help consumers find the alternative fuel or fuel-efficient solutions that meet their needs. In California, legislators recently reached an agreement to direct up to $1.5 billion of revenue from the state’s greenhouse gas emissions allowance to expand its use of alternative transportation fuels, according to Natural Gas Intelligence, an industry publication (http://nnw.fm/t2DNu). In the legislative deal, nearly $900 million is earmarked for alternative fuel vehicles – including trucks and buses – purchased by the state.”
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