Quantum Subsidiary Awarded OEM Vehicle Platform Contract
Quantum Fuel Systems Technologies Worldwide Inc. (Irvine, CA), a manufacturer of packaged fuel systems for hydrogen fuel cell and alternative fuel applications, announced that its subsidiary, Tecstar Automotive Group, was awarded a contract to distribute OEM-level parts for a new vehicle platform that will potentially generate up to $25 million in revenues per year.
The launch follows the recent expansion of its distribution program where Tecstar is utilizing a portion of Quantum’s existing 5.2 acre Southern California facility. In order to support the new business, which compliments the current parts business, Tecstar will double its warehouse and distribution space in Livonia, MI, to 80,000 ft².
"We are pleased to have been awarded this new program. The complimentary nature of this expansion allows us to better serve our customer by managing the logistics for two vehicle platforms from one location," stated COO Jeff Beitzel.